Fixed-rate loans are desirable if interest rates are expected to fall over the course of the loan.

Name: Fixed-rate loans are desirable if interest rates are expected to fall over the course of the loan.
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Fixed-rate loans have a set interest rate for the entire duration of the loan, meaning that if interest rates fall in the future, the borrower will still be stuck with the higher interest rate. Variable-rate loans would be a better choice if interest rates are expected to fall.

Fixed-Rate Loans Are Desirable If Interest Rates Are Expected to Fall