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Real estate glossary

Fixed-rate mortgage (prêt à taux fixe)

Loan whose nominal interest rate stays the same for the term set in the contract, subject to the applicable contract terms.

Also known as: Fixed-rate loan
Category: Mortgages and financing
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General definition provided for information only. The rules that apply depend on your situation, the country and the law in force: check them with a professional (notary, lawyer, estate agent).

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