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california fixed rate mortgages: California Fixed Rate Mortgages - 06/06/08 03:23 PM
If you are looking to finance a home in California and are interested in a consistent monthly payment, a California Fixed Rate mortgage (FRM) may be an excellent choice for you.
A California Fixed rate mortgage is a financing option that makes no provision for a changing rate over the term of a loan.If your mortgage begins at 5.5% interest rate, it will end at a 5.5% interest rate.
There are several types of California fixed rate mortgages. The first is a fixed payment loan. With this type of loan, your intial interest rate is used to determine the total amount … (0 comments)

 

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