Adjustable-Rate Vs. Fixed Rates: Which One Is Better?
Posted by Gary Ashton on
When Brentwood homebuyers are first getting to know their mortgage options, they'll likely hear the terms ARM and fixed-rate over and over again. They're also likely to notice that one has more attractive interest rates than the other. But choosing between an adjustable-rate mortgage (ARM) and a fixed-rate mortgage is more than just considering the interest rates as they are now. Learn more about how buyers should approach their mortgage, whether they plan to stay in the home for 5 years or 5 decades.
For informational purposes only. Always consult with a licensed mortgage or home loan professional before proceeding with any real estate transaction.
How Adjustable Rates Work
Adjustable rates can change based on the market, making it possible…
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