{"id":13767,"date":"2018-02-12T11:29:08","date_gmt":"2018-02-12T11:29:08","guid":{"rendered":"https:\/\/www.thehouseshop.com\/property-blog\/fixed-rate-mortgage\/"},"modified":"2018-02-12T11:29:08","modified_gmt":"2018-02-12T11:29:08","slug":"fixed-rate-mortgage","status":"publish","type":"entity","link":"https:\/\/www.thehouseshop.com\/property-blog\/fixed-rate-mortgage\/","title":{"rendered":"Fixed-rate mortgage"},"content":{"rendered":"\n<!-- SEO Ultimate Plus (https:\/\/seoultimateplus.com) - Code Inserter module -->\n<script async>(function(s,u,m,o,j,v){j=u.createElement(m);v=u.getElementsByTagName(m)[0];j.async=1;j.src=o;j.dataset.sumoSiteId='b68b392479b5981b8acf46565e9fe32a0734fc21a1f7c1e60121eaa6ca1a1c64';v.parentNode.insertBefore(j,v)})(window,document,'script','\/\/load.sumo.com\/');<\/script>\n<!-- \/SEO Ultimate Plus -->\n\n<p>A fixed-rate mortgage (FRM), often referred to as a &#8220;vanilla wafer&#8221; mortgage loan, is a fully amortizing mortgage loan where the interest rate on the note remains the same through the term of the loan, as opposed to loans where the interest rate may adjust or &#8220;float&#8221;. As a result, payment amounts and the duration of the loan are fixed and the person who is responsible for paying back the loan benefits from a consistent, single payment and the ability to plan a budget based on this fixed cost.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A fixed-rate mortgage (FRM), often referred to as a &#8220;vanilla wafer&#8221; mortgage loan, is a fully amortizing mortgage loan where the interest rate on the note remains the same through the term of the loan, as opposed to loans where<span class=\"ellipsis\">&hellip;<\/span><\/p>\n<div class=\"read-more\"><a href=\"https:\/\/www.thehouseshop.com\/property-blog\/fixed-rate-mortgage\/\">Read more &#8250;<\/a><\/div>\n<p><!-- end of .read-more --><\/p>\n","protected":false},"author":41,"featured_media":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"wl_entities_gutenberg":"","_lmt_disableupdate":"","_lmt_disable":"","spay_email":""},"categories":[],"wl_entity_type":[594],"_wl_alt_label":["fixed rate mortgage","fixed rate"],"wl:entity_url":"http:\/\/data.wordlift.io\/wl0502\/entity\/fixed-rate_mortgage","_links":{"self":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/entities\/13767"}],"collection":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/entities"}],"about":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/types\/entity"}],"author":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/comments?post=13767"}],"version-history":[{"count":0,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/entities\/13767\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/media?parent=13767"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/categories?post=13767"},{"taxonomy":"wl_entity_type","embeddable":true,"href":"https:\/\/www.thehouseshop.com\/property-blog\/wp-json\/wp\/v2\/wl_entity_type?post=13767"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}