![]() 1,035,660,512 visitors served. |
|
![]() Dictionary/ thesaurus | ![]() Medical dictionary | ![]() Legal dictionary | ![]() Financial dictionary | ![]() Acronyms | ![]() Idioms | ![]() Encyclopedia | ![]() Wikipedia encyclopedia | ? |
Fixed-rate loan |
0.04 sec. |
|
Fixed-rate loan A loan whose rate is fixed for the life of the loan. |
|
? Mentioned in | ? References in periodicals archive | |
|---|---|---|
to secure the 10-year, fixed-rate loan through Freddie Mac. Those with existing ARMs who are trying to decide whether to convert to a fixed-rate loan should tally up conversion lees (which vary) and any prepayment penalties and closing costs, and compare the total to the maximum possible increase in monthly payments they'd be subject to if they kept the ARM for the remainder of the time they plan to be in the home. the rate on a 30-year fixed-rate loan leapt from 6-1/4 percent with 1-1/2 points on Tuesday to 7 percent with 2-1/8 points on Friday. |
| Free Tools: |
For surfers:
Browser extension |
Word of the Day |
Help
For webmasters: Free content | Linking | Lookup box | Double-click lookup | Partner with us |
|
|---|