Fixed Rate Mortgage vs. Adjustable Rate Mortgage: Which is Right for You? As a homebuyer or a homeowner, choosing the right mortgage can have a significant impact on your financial future. One of the most important decisions you’ll need to make is whether to opt for a fixed-rate mortgage or an adjustable-rate mortgage (ARM). Treasury […]
Adjustable Rate
Is an Adjustable Rate Mortgage Right for You?
While the U.S. Federal Reserve is set to increase the federal funds rate by 0.50%, it is important to note that rates are still low, historically speaking. This is the first time, however, that rates will increase by 1/2 percentage point, at one time, since May of 2000. The purchase market is still strong and […]