A fixed-rate APR or fixed APR sets an APR that does not fluctuate with changes to an index. This does not mean that the interest rate will never change, but the issuer generally must notify you before the change occurs, and in ...
If you have the papers that you signed when you got your loan, look for the paper that says Note or Contract. If you have an adjustable rate mortgage your note should have the words Adjustable Rate Note and may ...
Fixed-rate financing means the interest rate on your loan does not change over the life of your loan. With a fixed rate, you can see your payment for each month and the total you will pay over the life of ...