Definitions for **"Fixed Rate"**

An interest rate for a credit card or loan that remains constant.

A mortgage loan in which the rate of interest is set for the term of the mortgage so that the regular payments of principal and interest will remain the same throughout the term.

A rate of interest which is fixed throughout the period of the loan.

The interest rate is guaranteed not to change during a fixed term.

This is where the interest rate is set at an agreed level over a specified term of months or years. During the specified term, regardless of whether interest rates rise or fall, a fixed interest rate will remain static.

The interest rate is fixed for a specific period.

A predetermined and set rate of interest.

An interest rate that remains the same for the term of the loan.

An interest rate which is guaranteed not to change over a set period of time.

A loan that has an interest rate that does not fluctuate.

A specific rate of interest for a set length of time. Most commonly this is for between one and five years though it can be as long as ten years. As a rule the longer the fixed period the higher the starting rate of interest. A lender will not want to commit to lending you money at a really low interest rate for ten years when there is a fair chance that during that period the general level of interest rates may rise above the rate at which they are lending you money. The lowest interest rates are often found with deals that are fixed for two to three years.

The rate of your mortgage is fixed; usually for 1-2 years or even for the whole 25 if required

A credit with a fixed interest for the period of the loan can be chosen. A fixed rate will give you the security of knowing that the interest will never change during the term of the loan. This means that the fees are agreed beforehand and are immovable without whatever happens micro- or macro-economically in the context having any importance.

Some lenders will offer a fixed rate for an initial period. During this period, if interest rates fluctuate, either by going down, or going up, your repayment would remain the same. Once the fixed period has ended, the loan will usually revert back to the lenders standard variable rate.

the interest rate is set, it does not change from day today.

a rate of interest that is set at a certain level for a prescribed period of time, regardless of what happens to the lender's standard variable rate.

where the interest rate charged on a loan or mortgage remains at the same level for an agreed length of time.

The excise duty is fixed when a fixed rate is levied. In the Finance Act, 1994, there has been a shift in the basis of taxation from specific to ad valorem rates.

A rate of interest which is fixed for the entire term of the loan or mortgage for a specific period from the date when the loan is taken out. Fixed rates are more common on mortgage products.

A set interest rate for a stipulated period of time, usually no more than five years. Rate will not fluctuate during time of being fixed and repayments are set to match corresponding rate.

A set rate of interest charged on a mortgage or other loan. At the start of a loan it is normally set just below the lender's usual rate and guaranteed for a certain length of time. Whether the usual rate falls below or rises above the fixed rate, you will still have to pay the same amount - so you could lose, or gain. At the end of the guarantee period, you will start paying the lender's usual rate. Sometimes this type of deal also involves paying a penalty if the mortgage or loan is redeemed (paid off) during or at the end of the discounted period.

An interest that doesn't change for the term of the loan.

A set annual percentage rate that does not change in response to interest rate changes and conditions.

A fixed annual percentage rate of the finance charge.

A flat rate purchase price for Wholesale License Agreements available to all Affiliates. After an Affiliate has 10 cumulative wholesale purchases, they have a fixed rate of purchase at $13.00 per Wholesale License Agreement, regardless of quantity purchased and when. After 25 cumulative wholesale purchases, they have a fixed rate of $12.00 each. After 50 wholesale purchases, they have a fixed rate of $11.00 each. And, after 100 or more cumulative wholesale purchases, they have a fixed rate of $10.00 each.

For a specific period rates are fixed.

A rate of interest guaranteed not to change over a fixed period of time.

A mortgage which fixes your interest rate at a specified level, typically for the first few years of the loan.

The interest rate is fixed for a period of time, i.e. 5 years. Whether interest rates fall or rise, with a fixed rate the payment would remain the same. Often lenders will at the end of a fixed rate, tie you to the lender for a further period, known as the redemption period.

a better choice if you plan to stay in your home long-term or are unsure how long you'll be staying

a loan in which the interest rate does not change during the entire

a locked-in rate that will not increase for the term of the mortgage

an interest rate that does not change for the life of the loan

an interest rate that remains locked in at the original rate for the term of your loan or deposit

a promotional interest rate, slightly lower than the standard

a rate that will stay the same throughout the time of your loan, whereas an adjustable mortgage rate fluctuates with the current interest rate

a type of where the interest rate is fixed for the entire term of the loan

A loan in which the interest rate stays the same throughout the term of the loan. Compare to an Adjustable Rate Mortgage (ARM).

A traditional means of determining the finance charge on a loan. The rate is determined, is applied to the principal of the loan and remains the same for the life of the loan. Fixed rates generally apply to closed-end loans.

A rate of interest that stays the same for a specified period of time.

An interest rate that remains the same during the entire term of a loan.

The rate fixed by an industrial instrument or permit.

Many banks and building societies offer mortgages which are fixed to a certain rate for an agreed period of time. This means that if the "standard variable rate" goes up then the repayments will still stay the same. However, if the standard variable rate goes below the fixed rate then no savings will be offered. It is a good way of budgeting for the initial term of the mortgage after which the prevailing standard variable rate will apply. You must however consider the total cost of the package to ensure that you are not paying over the odds in the long term.

An interest rate that remains the same as the original rate for the duration of a loan or deposit.

An interest rate (APR) that will not vary throughout the life of the loan.

If the interest rate charged and/or the monthly payments are fixed, i.e. not going up/down with normal interest rates, throughout the full term of the loan, then the rate is called a fixed rate.

A mortgage where the interest rate is fixed for an agreed period of time.

A fixed annual percentage rate. A fixed APR does not change but rather stays the same for a specified period of time. This differs from a credit card with an "intro APR." An intro APR is a temporary, low APR that changes to a higher rate after the introductory period (typically 3-12 months).

This applies to mortgages where the interest rate is fixed and is not affected by inflation, or deflation, and is for an agreed period of time. Most fixed rate loans can be taken out over a 1, 2, 3, 4, 5, 7, or 10-year period and the interest rate offered to you at the time of applying for the loan will remain 'fixed'.

A loan where the interest rate remains the same over the life of the loan.

With a fixed rate mortgage, the interest rate is set at the time the mortgage is initiated and is constant throughout the term. The fixed rate option is less riskier than an adjustable rate, unless the interest rates fall. In that case, the borrower always has the option of refinancing their mortgage.

This is when the interest rate is agreed at the beginning of the mortgage and guaranteed not to rise or fall for a set amount of years.

interest rate that remains the same over the period of a loan

Credit Cards either charge a fixed APR or a variable rate. Beware though because even a 'fixed' finance rate (APR) can change over time if interest rates move significantly

Interest rate applied to a loan or mortgage that stays at the same level for an agreed length of time.

Some Lenders offer a low rate for a fixed period of time. This makes budgeting easier as the exact payment is known for a set period of time.

A mortgage loan that has the same interest rate until the full loan balance is payable.

A loan with an interest rate that stays the same throughout the life of the loan. Payments as well are fixed at one amount.

A mortgage loan in which the interest rate remains the same over the entire term of the mortgage.

The interest rate charged and/or the monthly payments are fixed throughout the length of the agreement.

A mortgage rate where the interest rate is agreed at the outset and will not change during the term of the fixed rate.

An annual percentage rate that does not change throughout the year, unlike an introductory APR that changes after a specific period of time.

An interest rate which remains constant for the term of the loan. Payments as well are generally fixed at one amount.

An APR that does not change in response to interest rate changes and conditions.

A mortgage with an interest rate which does not increase or decrease during the term of the loan.

A constant interest rate that remains unchanged during the term of loan.

The lender will fix the interest rate that they charge at a set level for a fixed period of time. There are normally a whole range of fixed rate products available from different lenders and these vary in terms from very short periods (3 - 6 months) up to the whole 25 year mortgage term. The lender will normally charge early redemption penalties if the mortgage is redeemed within the fixed rate period and often beyond the initial period (See Redemption Penalties ).

An annual percentage rate that does not change. It will usually last as long as the credit card is kept in good standings. (payments made on time, not exceeding the limit, etc.)

A rate of interest charged for a loan or paid to an interest-bearing deposit account that does not vary for the term of the loan or deposit. See variable rate.

A rate of mortgage interest which is set, or â€˜fixedâ€(tm), at a certain level for a given period of time. For example, the rate might be fixed at 6% for 2 years, which means that the rate of interest charged during that period will always be 6%, no matter what happens to interest rates generally.

Regardless of whether variable home loan rates fall or rise, the fixed interest rate for the agreed period will continue to apply. This facility would be taken up if the borrower is of the view that interest rates are rising and may do so during the contracted period. Should this option be terminated before the expiry date an additional finance charge will be levied by the lender. Once the fixed rate period has expired, you may negotiate a new rate with the lender.

The rate is fixed for a specific number of years, so you know exactly what your payments will be over that period. Following this period, the rate will usually return to the lender's standard variable rate.

A mortgage were the rate is fixed for a certain period of time.

The interest charged on a mortgage is set for an agreed period.

An annual percentage rate for a finance charge that does not go up or down according to an index but rather stays the same over the life of the balance.

Interest rate that is fixed for a defined period.

A fixed rate is an interest rate that does not vary based on an index but is fixed at a previously disclosed level.

An interest rate that does not alter, regardless of any variations in the marketâ€(tm)s interest rates for the fixed term.

An interest rate (APR) that will not change during the term of the loan.

A mortgage with an interest rate that does not change for the term of the mortgage.

An interest rate that does not vary over time.

A rate which cannot alter during the fixed rate period.

A rate of interest payable on a loan which remains the same for an agreed period of time.

An interest rate that remains constant, regardless of economic indicators. Compare variable rate.

An interest rate that applies to a loan for a set term. Both the interest rate and loan repayments are fixed for the agreed term, regardless of any interest rate variations in the home loan market. The agree term is usually 1, 2 ,3, 4 or 5 years.

A mortgage with a fixed rate of interest for a set period, such as 3, 5 or even 10 years, after which you will usually convert to the lenderâ€™s standard variable rate. Tie-ins often apply, so itâ€™s worth checking how long you will be `tiedâ€™ to the lender after the fixed rate period. Fixed rates are ideal for those who monitor their finances closely and like to be able to budget accordingly. Early repayment charges may apply.

An interest rate that does not change during the entire term of the loan.

The rate is fixed for a specific period, so you have the security of knowing what your payments will be. Following this period, the rate will usually go back to the lender's standard variable rate.

Refers to a mortgage with fixed or "set" interest rate for the term of the mortgage.

An interest rate that does not change from the time you obtain a loan until it is paid in full.

This means that your interest rate charged on your mortgage payment is fixed for a certain period. The rate and your payments will not change during that period even if interest rates go up.

A loan on which the interest rate remains the same for the full term of the loan.

A guaranteed rate that is normally set just below the standard variable rate and is guaranteed for a certain period of time. If the standard variable rate falls below the fixed rate you will still have to pay the fixed rate. Once the fixed rate period ends you will normally pay the lender's variable rate. Sometimes there are redemption penalties associated with this type of deal.

The interest rate is fixed for a set period.

A set interest rate, as opposed to an adjustable interest rate, that is determined when a security is issued and does not change throughout the life of the obligation.

A mortgage interest rate that does not change over the life of the loan.

With fixed rate loans your interest rate is guaranteed not to change for a set period of time, so you have the security of knowing exactly what your mortgage payments are going to be each month.

These mortgages offer a fixed interest rate for a set period of time.

A fixed loan interest rate option for variable and increasing whole life plans. The Northwestern Mutual policyowner can switch between the fixed loan interest rate (currently 8%) and a variable rate. Change requests must be in put in writing and become effective the following January 1st.

An interest rate that is fixed for a set period of time. Generally, loan repayments remain fixed for the term of the fixed rate period.

An interest rate which does not change for the length of the loan.

The rate applied to Honeymoon (Introductory Loans) which is fixed at a set rate which will not change for the duration of the honeymoon rate period.

Type of loan in which the interest rate does not fluctuate with general market conditions. There are fixed rate mortgages as well as fixed rate business and consumer loans. Fixed rate loans tend to have higher original interest rates than flexible rate loans because lenders are not protected against a rise in the cost of money when they make a fixed rate loan.

Predetermined, nonadjusting rate of interest applied to the principal balance of a loan.

An interest rate which is fixed for the term of the loan.

A rate of interest charged for a loan or that is paid to an interest-bearing deposit account that does not vary over the term of the loan or deposit.

An interest rate option on a loan where the rate paid by the borrower does not change for a specified period of time.

Payments on a mortgage can be fixed for a specified period and will not change for that period. Contact Nms mortgage broker in IReland.

The interest rate (i.e. the percentage) applied to the outstanding principal remains constant through out the life of the loan.

A traditional approach to determining the finance charge payable on an extension of credit. A predetermined rate of interest is set on the principal (the amount you borrow) and does not change during the life of the loan.

Generally you are able to lock in a rate from 6 months to 10 years. Your interest rate and repayments are locked in during the fixed term. Heavy break fees may apply should you wish to exit the fixed rate before the end of the chosen term.

The interest rate applicable will not change for a set period of time. When the fixed rate comes to an end, the interest will automatically become a variable rate.

One of two types of rates offered by lending institutions. In a fixed rate scenario, the lender offers an interest rate which remains constant over the term of the loan.

A common foreign exchange term describing a currency's exchange rate which is determined by the government or central bank. The rate of exchange does not fluctuate with the market and is only traded at the official rate. Often a country will fix its rate to a strong currency.

An interest rate that does not vary during the term of a loan, with the exception of defaulting on the contract, at which point the interest rate may increase. Fluctuation of the prime rate and LIBOR rates do not have any effect on this type of rate.

A set interest rate on a mortgage fixed for a period of time. This varies from lender to lender.

A Fixed Rate Mortgage means that the interest rate is set for an agreed period of time (the Fixed Rate term). During this term the rate will not change. So it will not go up or down. This will help you to budget your monthly outgoings.

When the interest rate of a mortgage remains the same throughout the life of the loan.

A rate of interest applied to a loan or deposit that will remain unchanged for the entire duration of the loan or deposit.

A mortgage interest rate which does not change for the life of the loan.

An interest rate that does not fluctuate with general market conditions.

An interest rate that is constant for the life of the loan.

A loan where the initial payments are based on a certain interest rate for a stated period; the rate payable will not change during this period, regardless of changes in the lender's standard variable rate

A rate agreed with you beforehand for future interest payments.

A traditional approach to determining the finance charge payable on an extension of credit. A predetermined and certain rate of interest is applied to the principal. See also variable rate.

Information flow at a constant volume over time. See CBR.

Station's price for a time slot, which guarantees that the advertiser's announcement will run in that position without preemption.

Unchanging, not subject to movement or fluctuation, usually for a specified term.

Related to Fixed Income: A bond in which the coupon is fixed to maturity.

an excellent choice if you plan to live in your home for a long time

Traditionally, the amount of finance charge payable for extending credit.