Fixed-rate vs. Adjustable-rate Mortgages: The Pros and Cons of Each

Whether or not you're new to the housing market, you've likely heard about low interest rates and are wondering what kind of impact these can have on your mortgage. Both fixed and adjustable-rate mortgages have their benefits and drawbacks, but what will work for you depends on your financial health and knowledge of the real estate market. If you're currently comparing the pros and the cons of each, here are some pointers on how they can impact your home purchase.  The Security Of A … Continue reading...