Assertion: mortgage's interest rate | /r/HasProperty | preset
Facets:
value: for the life of the loan
type: TEMPORAL
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.