Fixed Interest Rate

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Fixed Interest Rate

An interest rate that does not change over the life of a loan or other form of credit. If one borrows money at a fixed interest rate of 10%, then 10% is calculated over the principal balance each time the interest compounds. A fixed interest rate differs from a variable interest rate, which may change, at least within certain parameters. Most home mortgages in the United States have fixed interest rates. It is also called simply a fixed rate.
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In the fixed-rate category, 10-year fixed-rate mortgages rose from 6.
Customers can then leave the balance on the variable line or convert to another fixed-rate loan option at current rates.
The mortgage loans in Group 1 consist of 155 fixed-rate mortgage loans with an aggregate principal balance of $87,960,007.
In terms of loan preferences, The Manhattan Mortgage Company survey reported that 35 percent of co op/condominium borrowers chose oneyear adjustable-rate mortgages in February, while 30-year fixed-rate mortgages accounted for 34 percent of the marketplace.
EUR300,000,000 series 2002-1 fixed-rate notes due Feb.
Group II Mortgage Loans consists of first lien fixed-rate and adjustable-rate loans with a cut-off principal balance of $298,961,592 that conforms to Freddie Mac loan limits.
The mortgage loans in group 1 consist of 284 fixed-rate mortgage loans with an aggregate principal balance of $151,592,924.
54,052,000 class D-FX fixed-rate notes due 2043 'A-';
The mortgage loans in Groups 2 consist of 176 fixed-rate mortgage loans with an aggregate principal balance of $106,009,340.
The mortgage loans in groups 2 consist of 321 fixed-rate mortgage loans with an aggregate principal balance of $86,233,365 as of the cut-off date.
This fixed-rate mortgage was funded through California Bank & Trust's PLATINUM Loan program.
Sean Mooney arranged a 15 year fixed-rate, nonrecourse loan to refinance a 2 buildings located the Sunset Park section of Brooklyn.

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