2 years ago

What is the benefit of having a fixed interest rate loan?

English

1 answer:

Svetach [21]2 years ago

6 0

Answer:

I think the answer is A. Your interest rate changes annually, therefore, you may be able to get a lower rate.

Explanation:

The main advantage of a fixed-rate loan is that the borrower is protected from sudden and potentially significant increases in monthly mortgage payments if interest rates rise. Fixed-rate mortgages are easy to understand and vary little from lender to lender.

I hope this helps u! :D

You might be interested in

How does Night help readers understand the historical events it depicts in ways that a textbook covering the same events might n

Tamiku [17]

Night by Ellie is a very good book to show historical events about Nazi Germany and how they treated territories that were occupied under Hitler. It does depict how life and living styles was like in Nazi controlled territories. That is my best shot at answering this, hope ur satisfied ;)

8 0

2 years ago

Jason is preparing to write a persuasive argument paper on the treatment of female characters in William Shakespeare's works. Wh

Lelechka [254]

A historian's blog devoted to Shakespeare's characters

4 0

3 years ago

Read 2 more answers

Thoughts on ready player one?

pentagon [3]

It was a amazing movie tbh

5 0