answersLogoWhite

0

Fixed rate mortgages provide insulation from economic downturns by giving the borrowers a predictable and stable P&I payment. This way they are less likely to fall behind on their monthly payments.

User Avatar

Wiki User

12y ago

What else can I help you with?

Related Questions

What types of mortgages does eTrade provide?

eTrade offers several different mortgage products including balloon mortgages, fixed rate mortgages and variable rate mortgages. These mortgages are popularly sold for five to thirty year time frames.


What provides insulation?

computers onboard a shuttle provide insulation.


Which english companies provide mortgage for buyers?

Comparison sites, such as Money Supermarket, provide a list of companies in England who provide mortgages. Similarly, many British-based banks, such as Natwest, offer mortgages.


Does CCJ provide a remortgage service?

Yes, CCJ has several remortgage services available. Their services include remortgages for fixed mortgages, tracker mortgages, and flexible mortgages.


what type of siding will provide the best insulation?

I think the bonded Vinyl siding will provide the best insulation


Which companies provide mortgages?

There are many companies that provide mortgages. Some of these companies include Bank of America, Citizens 1st National Bank, and J.P. Morgan Chase Bank.


Are bonds recession proof investments?

Bonds are not completely recession-proof investments, as their value can be affected by economic downturns. However, they are generally considered safer than stocks during a recession because they provide a fixed income stream and are less volatile.


Who will provide information about condo mortgages?

LendGo, Freddie Mac and American Bank are lenders that will provide additional information needed about condominium mortgages. Another lender with condo mortgage information is BankRate.


What provide the best insulation?

foam


Where can one find more information regarding home mortgages?

One can find more information regarding home mortgages at certain websites that pertain to home mortgages such as MortgageCentral, AboutMortgages, MoreMortgages and other websites that provide information about home mortgages.


What goes under a carpet and helps to provide cushioning and insulation?

A carpet pad goes under a carpet to provide cushioning and insulation.


What are some of the services that commercial mortgages provide?

Commercial mortgages provide loans for business properties. Many provide nonrecourse loans which means if a loan defaults, the property can be seized but the defaulter can not be held liable for additional money like a home loan can.