Ask Question
9 December, 04:27

Which is one difference between fixed rate mortgages and variable-rate mortgages?

+5
Answers (1)
  1. 9 December, 04:39
    0
    The difference between a fixed rate and an adjustable rate mortgage is that, for fixed rates the interest rate is set when you take out the loan and will not change. With an adjustable rate mortgage, the interest rate may go up or down.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which is one difference between fixed rate mortgages and variable-rate mortgages? ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers