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 Glossary   >   F   >   "Fixed rate mortgage" Definition   

        Fixed rate mortgage

A type of mortgage where interest repayments to the lender are fixed until maturity or for a specified term.

Fixed rate mortgage


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Fixed rate mortgage - A type of mortgage where interest repayments to the lender are fixed until maturity or for a specified term.


Fixed rate mortgage : a type of mortgage where interest repayments to the lender are fixed until maturity or for a specified term.