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WilliamKing's Articles in Mortgages

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  • Which is better, fixed rate mortgage or an adjustable rate mortgage?
    There are essentially two types of mortgage loan schemes. First is the fixed rate mortgage scheme which charges a fixed rate of interest and is thus absolutely risk free. The other is the adjustable rate which changes depending on the chosen underlying index. A new mortgage scheme, called the hybrid rate mortgage is also evolving which gives the benefit of both the above mentioned schemes.
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