anon1899 anon1899
  • 28-11-2018
  • Mathematics
contestada

What is a blended mortgage rate ?

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TheBlueFox
TheBlueFox TheBlueFox
  • 04-04-2020

A blended mortgage rate is a combination of fixed and variable rates. For example, the mortgage can be fixed for 5 years and variable thereafter or conversely, the mortgage can be variable for the first several and then convert to a fixed at a certain point in time.

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