fixed rate mortgage

fixed-rate mortgage

[fikst-reyt]
noun
a home mortgage for which equal monthly payments of interest and principal are paid over the life of the loan, usually for a term of 30 years.
Dictionary.com Unabridged
Based on the Random House Dictionary, © Random House, Inc. 2014.
Cite This Source Link To fixed rate mortgage
Explore Dictionary.com
Previous Definition: fixed pupil
Next Definition: fixed satellite
More from Thesaurus.com
Synonyms and Antonyms for fixed rate mortgage
More from Reference.com
Search for articles containing fixed rate mortgage
Dictionary.com Word FAQs

Dictionary.com presents 366 FAQs, incorporating some of the frequently asked questions from the past with newer queries.

Copyright © 2014 Dictionary.com, LLC. All rights reserved.
  • Please Login or Sign Up to use the Recent Searches feature
FAVORITES
RECENT

;