Last reviewed 08-20-2026Short-Sale.com Editorialglossary
Fixed-rate mortgage
CFPB
Updated 08-20-2026
Fixed-rate mortgage
A fixed-rate mortgage is a type of home loan for which the interest rate is set when you take out the loan and it will not change during the term of the loan. Learn more about how fixed-rate mortgages work (cfpb.gov/askcfpb/100) and what to consider.
CFPB · p. 10
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