Fixed-Rate Mortgage Loans vs. Floating-Rate Mortgage Loans. Another consideration is whether or not to get a fixed-rate or floating-rate (also referred to as a variable-rate) mortgage. In a fixed-rate mortgage, the interest rate doesn’t transform for the whole amount of the loan. The most obvious advantageous asset of obtaining a fixed-rate financing is that you […]
The post Fixed-Rate Mortgage Loans vs. Floating-Rate Mortgage Loans. Another consideration is whether or not to get a fixed-rate or floating-rate (also referred to as a variable-rate) mortgage. first appeared on The Salem Insider.