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Personal Finance Glossary

Face Amount Fannie Mae Federal Funds Rate Finance Charge First Mortgage Fixed Annual Percentage Rate (APR) Fixed Annuity Fixed Rate Mortgage Fixed-Rate Loan Flexible Premium Deferred Annuity Float Flood Insurance Foreclosure Foundations Free Look Front-End Load Fundamental Analysis Funds From Operations (FFOs) Funds Transfer Futures Contract

Fixed Rate Mortgage A fixed rate home loan offers stability and consistency in predictable monthly principal and interest payments because the interest rate is fixed for the life of the loan. It may be a good choice for people who expect to live in a home for an extended period of time, or who want to lock in their interest rate.

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