Posts Tagged ‘Adjustable-rate mortgages’

While the majority of borrowers financing a home purchase will choose a traditional fixed-rate mortgage loan, adjustable rate mortgages (also known as ARMs) are also a popular choice. What is an ARM and how can you decide if it’s worth considering?   With a fixed-rate mortgage loan, you have just that: a fixed interest rate […]

     While the majority of borrowers financing a home purchase will choose a traditional fixed-rate mortgage loan, adjustable rate mortgage loans (also known as ARMs) are also a popular choice. What is an ARM and how can you decide if it’s worth considering? With a fixed-rate mortgage loan, you have just that: a fixed interest […]

For the first-time homebuyer, mortgages can sometimes be a little confusing because of all the different options out there. By understanding what each type of mortgage offers, you can make an informed decision when applying for your home loan. Some common types of mortgages include: Fixed-rate mortgages  Fixed-rate mortgages remain one of the most common […]