Best Mortgage Online21 Jun, 2022Finance
A rate of interest that is charged on a mortgage is referred to as a mortgage rate. The lender decides whether the interest rate on a mortgage will be fixed, in which case it will remain the same throughout the duration of the loan, or variable, in which case it will change in accordance with a standard interest rate. The interest rates on mortgages are determined, in part, by the borrowers? credit histories.
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