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Real Estate Glossary
Welcome to our online Real Estate glossary. To search for a term,
use the search box below. To browse our terms, click on a letter
of the alphabet and browse away!
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Fixed-rate mortgage:
A home loan with an interest rate that will remain at a specific rate for the term of the loan. About 75 percent of all home mortgages have fixed rates.
As defined by Inman
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See Also:
» Alternative mortgage
» Convertible adjustable-rate mortgage
» Life cap
The definition for Fixed-rate mortgage and
this glossary as a whole are presented to you as a courtesy of ForeclosuresRI.
For other terms, explinations, definitions and descriptions, please
visit our Glossary page.
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