Fixed-Rate Mortgage

FRM. A Mortgage in which the Interest rate does not change during the entire Term of the Loan. also called Conventional mortgage.

Related Terms: 8 Call, Conventional mortgage, Interest, Interest rate, Loan, Mortgage, Ring, Term

Other Related Pages: Category: Real_Estate Starting With: F

Additional Related Terms: Adjustable rate, Accrual of discount, Accrued interest, Amortization of premium, At par, All or any part, At best, At call, Adjustable rate preferred stock, All-risks coverage