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2. What is a fixed-rate mortgage and how does it work? - AOL

   www.aol.com/finance/fixed-rate-mortgage-does...

   Originating in the 1930s, the 30-year fixed-rate mortgage remains America’s go-to loan for home purchases. In fact, about nine in 10 homebuyers opt for a 30-year fixed-rate mortgage, according ...

3. Fixed-rate mortgage - Wikipedia

   en.wikipedia.org/wiki/Fixed-rate_mortgage

   Fixed-rate mortgage. A fixed-rate mortgage ( FRM) is a mortgage loan where the interest rate on the note remains the same through the term of the loan, as opposed to loans where the interest rate may adjust or "float". As a result, payment amounts and the duration of the loan are fixed and the person who is responsible for paying back the loan ...

4. Mortgage - Wikipedia

   en.wikipedia.org/wiki/Mortgage

   A mortgage loan or simply mortgage ( / ˈmɔːrɡɪdʒ / ), in civil law jurisdictions known also as a hypothec loan, is a loan used either by purchasers of real property to raise funds to buy real estate, or by existing property owners to raise funds for any purpose while putting a lien on the property being mortgaged.

5. Mortgage industry of the United States - Wikipedia

   en.wikipedia.org/wiki/Mortgage_industry_of_the...

   The mortgage industry of the United States is a major financial sector. The federal government created several programs, or government sponsored entities, to foster mortgage lending, construction and encourage home ownership. These programs include the Government National Mortgage Association (known as Ginnie Mae), the Federal National Mortgage ...

6. Fixed vs. adjustable-rate mortgage (ARM): What’s the ... - AOL

   www.aol.com/finance/fixed-vs-adjustable-rate...

   Fixed-rate mortgages and adjustable-rate mortgages aren’t entirely different animals. These two types of loans have some components in common: Both come with standard 30-year repayment options: ...

7. The magic mortgage rate is anything below 6%, top real estate ...

   www.aol.com/finance/magic-mortgage-rate-anything...

   For the 30-year fixed mortgage, daily rates are at 7.02%, and weekly rates are at 6.87%; so still higher than what Reffkin believes might trigger some improvement in the market. As long as we’re ...