Tag Archives: Mortgage Rate

Fixed-Rate Versus Adjustable-Rate Mortgage, Which Is Better During Times Of Recessions?

Mortgage

The fixed and variable mortgage rates are different regarding the funding. The variable mortgage rate is a product that is based on the prime lending rate while a mortgage lender buys fixed mortgages, then sold as a mortgage to a buyer and later re-sold to make an income. In 2008, there was an economic crisis that affected the whole world ...

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