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	<title>Mortgage Explained &#187; Fixed Rate Mortgage</title>
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		<title>Fixed Rate Mortgage</title>
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		<pubDate>Thu, 14 Jan 2010 17:54:56 +0000</pubDate>
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				<category><![CDATA[General]]></category>
		<category><![CDATA[Fixed Rate Mortgage]]></category>
		<category><![CDATA[FRM]]></category>
		<category><![CDATA[mortgage]]></category>

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A fixed rate mortgage (FRM) is one in which the interest rate remains unchanged throughout the term of the mortgage. This type of mortgage is different from adjustable mortgage where the interest rate fluctuates according to some specific financial indices such as London Interbank Offered Rate (LIBOR), or the Treasury bill rate. However this is [...]]]></description>
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