Assertion: subprime mortgage | /r/HasProperty | frm
Facets:
Source sentences:
text: On a 6% mortgage with a $100,000 balance, for example, the monthly interest due is .005 times $100,000, or $500.On a fixed-rate mortgage (FRM), the interest rate is preset for the life of the loan.
text: Read Fixed Rate Mortgages (FRMs).
text: The two basic types of amortized loans are the fixed rate mortgage (FRM) and adjustable-rate mortgage (ARM) (also known as a floating rate or variable rate mortgage).
text: A fixed-rate mortgage (FRM) is a fully amortizing mortgage loan where the interest rate on the note remains the same through the term of the loan, as opposed to loans where the interest rate may adjust or "float".
text: A few common types are fixed rate mortgage (FRM), adjustable rate mortgage (ARM), balloon payment mortgage and interest-only loan.
text: The two basic types of amortized loans are the fixed rate mortgage (FRM) and adjustable-rate mortgage (ARM) (also known as a floating rate or variable rate mortgage).