Fixed interest rate loan

A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan. This allows the borrower to accurately predict their future payments. Variable rate loans, by contrast, are anchored to the prevailing discount rate. In the UK,Nationwide Commercial recently issued a 30 year fixed rate mortgage as bridging finance.

Fixed interest rate loan

A fixed interest rate loan is a loan where the interest rate doesn't fluctuate during the fixed rate period of the loan. This allows the borrower to accurately predict their future payments. Variable rate loans, by contrast, are anchored to the prevailing discount rate. In the UK,Nationwide Commercial recently issued a 30 year fixed rate mortgage as bridging finance.