What Is A Fixed Rate Mortgage and Why Does It Matter? | Zillow
https://www.zillow.com/learn/fixed-rate-mortgage/
WEBJun 30, 2023 · A fixed-rate mortgage is a loan option with a set interest rate and repayment period, neither of which change over the life of the loan. Your total payment amount is consistent each month, and you’ll pay varied proportions of principal and interest over time, a process called amortization.
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