A fixed rate loan has the same interest rate for the entirety of the borrowing period, while variable rate loans have an interest rate that changes over time. Borrowers who prefer predictable payments generally prefer fixed rate loans, which won't change in cost
5350 N. Academy Blvd., #205
719-592-0115
dan@strong-tower.com
Mortgage Corporation | NMLS#
Dan Bathje Owner l NMLS#
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