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Fixed-rate mortgage. A home loan with an intention price that remains equivalent for the term that is entire of loan.

Fixed-rate mortgage. A home loan with an intention price that remains equivalent for the term that is entire of loan. Adjustable-rate home loan (ARM) Also known as a mortgage that is variable-rate an adjustable-rate home loan has mortgage loan which could alter occasionally through the lifetime of the mortgage according to alterations in an index …

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