An interest rate established at the time a loan is opened and which remains unchanged for the term of the loan.
A rate that does not fluctuate with general market conditions.
The fixed rate is the interest rate which is maintained constant throughout the lifetime of the agreed mortgage loan.
An interest rate that remains the same throughout the life of a loan. A loan with a fixed interest rate is advantageous when interest rates are currently low and expected to rise in the future.
Applies to mortgages, where borrowers are locked into a certain interest rate for a specified time. The expression may also apply to savings accounts. Most savings accounts have variable rates which means they will go up and down over time in line with the Bank of England changes to base rate.
The annual percentage rate is fixed at a certain level.
A rate of interest charged on an account. This rate is in effect for the life of the loan, provided the account remains in good standing. This rate will not fluctuate based on the Prime Lending Rate.
An interest rate which does not fluctuate during the term of the loan.
A rate that remains the same throughout the life of the loan.
The interest rate does not change for the full term of the deposit or loan product.
An interest rate that is "locked in" for a specified period. Usually 1, 2, 3, 4, or 5 years.
An interest rate that remains constant throughout the life of the loan. A fixed-rate mortgage will have the same interest rate and payments for the length of the loan.
an agreed upon interest rate that is fixed (does not change) over an agreed upon period of time
a rate that is specified at the origination of the transaction, is fixed and invariable during the term of the debt security, and is known to both the borrower and the lender
a rate that is specified at the origination of the transaction, is fixed and invariable during the term of the interest rate swap, and is known to both the bank and the swap counterparty
A predetermined interest rate that will stay fixed by remaining the same throughout the life of a loan or mortgage.
Interest rate which is fixed and will not change throughout the life of the loan.
Remains the same over the life of the loan.
A specific rate of interest charged on an account.
An interest rate that does not fluctuate over the term of the loan.
An interest rate set for a fixed term. The interest rate cannot move (up or down) during the fixed term period. Penalties usually apply if the loan is repaid before the term expires. Fixed rates are generally available for terms of 6 months, 1, 2, 3, 4, and 5 years (although specials may apply for different periods)
This is when your home loan interest rate is fixed for a specified period
Rate of interest that does not change during the life of the loan.
An APR that does not vary due to changes in market interest rates.
An interest rate that remains fixed, or stays the same.
Stays constant for the life of the loan. The fixed rate on the Education Finance Partners Private Consolidation Loan is set on the day the loan is funded.
The interest rate will be fixed at a margin above the gross redemption yield on an appropriate government stock. The rate will remain fixed for the term of the loan and, should you wish to repay the loan prior to the end of the term, you should be aware there may be an early repayment fee.
An interest rate that allows you to lock it in for a set time period.
An interest rate that will remain unchanged by circumstances.
You can choose to "lock in" your interest rate for a specific period of time. Fees may apply if you "break" this period, so ask the lender if they do.
A fixed interest rate does not vary for the fixed rate period, so payments remain constant for this period.
an interest rate that is established at the beginning of a loan and will continue unchanged for the term of the loan.
An interest rate the borrower locks into at the origination of the loan and does not change during the term of the loan.
An interest rate that is locked in for a specified period of time.
A rate that remains the same from the day the loan is issued through the last payment.
An interest rate which does not change during the loan term.
Fixed interest rates remain the same throughout the term of the loan.
The rate of interest rate applied to borrowing is fixed (i.e. it will not vary). The period that the rate is fixed for will be described in the credit agreement or mortgage offer. This type of agreement means that you have peace of mind, so you will know exactly what your repayments are during the period of time that the rate is fixed.
See Interest Rates Explained - Fixed Rate Mortgage
The account holder receives a pre-determined and unchanging rate of interest, usually on a bond or term account, giving the investor a known return for his capital deposit. The rate will not change even if general base rates change.
The type of interest rate that is fixed for a period of time. The rate may be fixed for an initial period or the entire term of the loan. If the rate is fixed for a specified term, after this term the rate will usually revert to the lender's standard variable rate.
The interest rate is fixed and is not subject to automatic adjustment.
An interest rate that's fixed until a set date: it will not go up or down - even if the variable rate does.
An interest rate that changes only if the issuer notifies cardholders through an amended cardholder agreement. Federal law stipulates a minimum of 15 days advance notice is required.
Fixed interest rates protect borrowers against interest rate rises for a given period of time, although they can work against borrowers when rates fall. Fixed rates are determined by the market, and represent the market's best guess as to what interest rates will be at some point in the future.
An interest rate that is agreed and does not vary during a specfied period, even if Bank Base rate moves.
(Type of interest rate - See interest rates explained for detailed definition)
An interest rate that does not change throughout the term of a loan.
Interest crediting option in which the interest accrual rate is fixed and guaranteed for the duration of the Contract.
Where interest is paid (received) at a constant rate over the term of a loan (investment).
An agreement on an interest rate over a set period of time. This guarantees that over this period the interest rate will not change.
A rate that remains the same from the day of the loan to the last repayment.
The interest specified in your cardholder agreement to be applied to revolving balances.
The rate is fixed for a specific number of years, so you know what your payments will be over that period. Following this period, the rate will usually revert to the lender's standard variable rate.
The percentage charged for a loan that remains the same for the life of the loan.
Interest rate that does not vary during the length of the operation.
This is the interest rate that must be carried out throughout the term of the motorcycle loan agreement. These are usually for money made in installments.
An interest rate that, once established, does not vary according to fluctuations in the prime lending rate.
A finance agreement signed-up with a fixed interest rate, the monthly repayment will not be adjusted according to changes in the predetermined market rate.
An interest rate that does not change during the entire term or life of the loan.
An interest rate that remains unchanged for a set period, for example, for the whole term of the loan, or the first year of a loan.
Mortgage terms with be no increases or decreases in the interest rate during the life of the loan. The rate is fixed for the entire period of the loan.
A fixed interest rate remains the same throughout the term of the mortgage.
An interest rate that does not vary with rates generally. In the UK most fixed mortgage rates are fixed for a period of 1 - 10 years, Unlike in the USA where the norm is for the rate to be fixed for the entire mortgage term.
Interest rate fixed at a certain level for the whole period of effect of an instrument, and not subject to re-evaluation.
An interest rate used for loans, mortgages and bonds that remain at the same rate throughout the period.
An interest rate, which does not change during an investment or borrowing period.
A mortgage feature that structures the loan so that there will be no increases or decreases in the interest rate during the life of the loan.
A loan or mortgage with an interest rate that will remain at a certain rate for the entire term of the loan.
A fee charged for the use of borrowed money, based upon a set percentage rate.