fixed rate mortgageglossary / fixed-rate mortgage A mortgage with an interest rate that remains the same over the life of the mortgage regardless of market conditions. — Abbr. FRM. 词条贡献者 译员黎川,在一家顶尖澳洲律师事务所的上海办公室担任全职法律翻译,专注翻译各种与澳大利亚业务有关的法律文件。