Answer:
Applying for a fixed rate mortgage
Explanation:
A mortgage is a credit facility used to finance the acquisition of properties and homes. A mortgage allows one to borrow has a huge amount of money and spreads repayments over many years.
A fixed-rate mortgage charges a fixed interest rate throughout the life of the mortgage, unlike the ARM mortgage. In the fixed-rate mortgage, the monthly repayments are predictable and constant, which makes planning easy. Since Carmina plans to stay in her dream home for many years, a fixed-rate mortgage is ideal.
Answer:
a fixed rate mortgage
bc is simply a loan in which the interest rate and monthly payment amount do not change over the life of the loan.
