Definition :: The interest rate does not change for a specified time over the loan and hence is fixed. This is helpful if you are on a fixed budget or have expectations of higher interest rates in the future. If standard interest rates fall you will still be locked into the rate at which the loan is fixed at..
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DAIS Investments Suite 1.04, 339 Military Road Cremorne NSW 2090 Ph +612 9908 8875 Fax +612 9908 7061