Tag Archives | ARM

ARM vs. Fixed-Rate Mortgage: Which is Best for You?

ARM v FixedChoosing the right mortgage depends on your budget and time frame.

A fixed-rate mortgage offers the comfort and security of fixed costs that will not change over the life of the loan. Thirty years is the most popular term for a fixed-rate mortgage. But if you can afford the higher monthly payments, you can save tens of thousands of dollars in interest over the life of the loan by choosing a shorter term of 20 or even 15 years. Read More

Continue Reading

Member FDIC DIF an equal housing lender