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Fixed Rate Mortgage
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Fixed Rate Mortgage
Fixed Rate Mortgage. Definition: A fixed rate mortgage is a mortgage where your interest rate does not change, and your monthly payment does not change. The opposite of a fixed rate mortgage is is an adjustable rate mortgage.

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15 30 Year Fixed Rate Mortgage
15 year fixed rate mortgage gives you the ability to own your home free and clear in 15 years. Payments are somewhat higher than a 30 year fixed rate mortgage

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