/fɪkst reɪt ˈmɔrɡɪdʒ/ – Phrase
Definition: Hợp đồng vay mua nhà với lãi suất cố định.
A more throughout explanation: a loan tied to a security interest in the property that has an interest rate that remains the same throughout the period of the loan
Example: The program helps home buyers obtain 30-year fixed-rate mortgages without the down payment usually required.