These two types of loans are the main choices a person has when looking for a loan with which to purchase a home. Making the choice of a fixed-rate mortgage (FRM) or variable-rate mortgage (VRM) is not an easy one to make. A lot of money could depend on the choice you make and both are excellent ways of financing a home loan.
Both the fixed and the variable rate will work to determine how much money is paid in interest over the term of the contract. It then needs to be determined which of the
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