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A fixed-rate mortgage is the most common type of mortgage. Determine whether each factor is a pro or a con of this type of mortgage, and place it in the correct category
no chance to have rates lowered
Pros of Fixed-Rate Mortgages
Cons of Fixed-Rate Mortgages
consistent payments
no risk of an interest rate increase


A fixed-rate mortgage is the most common type of mortgage. Determine whether each factor is a pro o

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