A loan in which the interest rate does not change during the entire term of the loan. opposite of adjustable rate.
Related information about fixed rate:
- Fixed-rate mortgage - Wikipedia, the free encyclopedia
A fixed-rate mortgage (FRM), often referred to as a "vanilla waffer" mortgage loan, is a fully amortizing mortgage loan where the interest rate on the note remains ...
- Fixed Interest Rate Definition | Investopedia
Mortgages: Fixed-Rate Versus Adjustable-Rate. Both of these have advantages and disadvantages depending on your financial needs and prospects.
- Fixed-Rate Mortgage Definition | Investopedia
A mortgage that has a fixed interest rate for the entire term of the loan. The distinguishing factor of a fixed-rate mortgage is that the interest rate over every time ...
- What is fixed rate? definition and meaning
Definition of fixed rate: A loan in which the interest rate does not change during the entire term of the loan. opposite of adjustable rate.
- ARM or fixed-rate calculator - adjustable rate mortgage calculators
Bankrate.com provides FREE adjustable rate mortgage calculators and other ARM calculator tools to help consumers decide if an ARM or fixed rate mortgage is ...
- Option ARM vs. fixed-rate mortgage calculator
Bankrate.com provides a FREE option ARM vs. fixed-rate mortgage calculator and other option ARM calculators to help consumers figure out which type of loan ...
- Mortgage Basics, Ch. 2: Understanding fixed-rate mortgages
Lenders offer many types of mortgages, but the 30-year and 15-year fixed rate type are the most common.
- Fixed Rate
Fixed rate mortgages offer the stability of regular monthly payments over a given length of time, or term. Many people feel these are ideal because they make it ...