Fixed Rate Mortgage Vs. Adjustable Rate Mortgage at internet Business blog. Mortgages are loans distributed by financial institutions or banking firms, after retaining some private property of the individual as a collateral with them. Fixed rate mortgage and Adjustable rate mortgage would be the two most prominent types of mortgages. The mortgages offered on the market are varieties within these two types.The major difference between a set Rate Mortgage and an Adjustable Rate Mortgage is its
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