When it comes to choosing a mortgage, one of the most important decisions you'll need to make is whether to go with a fixed or adjustable rate. While adjustable rate mortgages (ARMs) can offer lower initial interest rates, they can also be riskier, as the interest rate can fluctuate over time. On the other hand, fixed rate mortgages offer more stability and predictability, making them a popular choice for many homebuyers.
What is a Fixed Rate Mortgage?
|The Benefits and Drawbacks of a Fixed Rate Mortgage Is a Fixed Interest Rate the Right Choice for Your Home Loan