Ask your own question, for FREE!
Finance 15 Online
OpenStudy (anonymous):

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

OpenStudy (anonymous):

fixed rates - interest rates do not change, thus you have a fixed payment variable rates - fluctuate over life of long. mortgage payments will fluctuate according to change of interest rates

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!