Given the current low interest rates, a fixed-interest loan is definitely recommended.

Given the current low interest rates, a fixed-interest loan is definitely recommended.

So, a firm with a fixed-rate debt can shift to a floating-rate exposure thanks to swaps, for example, without having to repay its fixed-rate loan in order take out a loan at a floating rate.

So, a firm with a fixed-rate debt can shift to a floating-rate exposure thanks to swaps, for example, without having to repay its fixed-rate loan in order take out a loan at a floating rate.

A fixed-rate mortgage is a loan that has the same interest rate locked in from the beginning to the end of the term.

The initial interest rate on the type of loan is set below the market rate on a comparable fixed-rate loan, and then the rate rises as time goes on.

The initial interest rate on an ARM is set below the market rate on a comparable fixed-rate loan, and then the rate rises as time goes on.

Choose a fixed or variable rate loan to help you with a major purchase or goal.

The initial interest rate on an ARM is set below the market rate on a comparable fixed-rate loan, and then, as time goes on, increases or decreases from there depending on the market.

Usually, the initial interest rate on an ARM is set below the market rate on a comparable fixed-rate loan, which then gradually rises with time.

For decades, the only type of mortgage available was a fixed-interest loan repaid over 30 years.

Up until the 1980’s the only type of mortgage available was a fixed-interest mortgage loan which was repaid over a period of 30 years.

Choose a fixed rate to simplify your finances or a variable rate to take advantage of lower interest rates

If you opt for a mortgage loan1 and want to protect yourself against interest rate fluctuations, choose a fixed-rate loan.

For decades, the only type of mortgage available was a fixed-interest loan repaid over 30 years.