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Daily Archives: June 28, 2014

Fixed Mortgage Rate: The Advantage and Disadvantage

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There are different types of mortgage, but a lot of home buyers prefer to take out the fixed rate mortgage. What does fixed rate mortgage mean? Well, it simply means that the interest rate is fixed regardless of the socio-economic condition. Advantage of Fixed Mortgage Rate With fixed mortgage rate, the interest rate will not be changed. So, you will ... Read More »