which rate of interest best in mortgage loan process. is how many rates of interests in mortgage loans process. two types rate of interest is in mortgage loans, one is fixed rate of interest for mortgage loans, one more is adjustable rate of interest on mortgage loans, An individual who takes a mortgage loan who can choose one of two any rate of interest. Two types of interest rates on mortgage loans are there. An individual who wishes to take a loan against property can choose any one of two types of interest rates. These interest rates vary according to the duration of the loan, first one is Adjustable interest rate on Mortgage loan, second one is Fixed interest rate on Mortgage loan. Adjustable rate of interest on Mortgage Loans: loan duration 10 to 20 years This interest rate is not fixed static, it varies according to prevailing market conditions. as fer RBI Bank rules, If the RBI bank increases the home loan and mortgage loan interest rate, Banks also increase interest rates. In case RBI Bank reduced the rate of interest, Banks also reduce the rate of interest. Fixed-rate mortgage loans, loan tenure have the same interest rate for the entire repayment term. Because of this, the size of your monthly payment will stay the same, month after month, and year after year. It will never change. This is short term mortgage loan, Loan tenure are such as the 5-years, 7 years,