Should I Get A Fixed Rate Mortgage Or An ARM?
August 28th, 2008 | by admin |I am having a hard time deciding between my different options for mortgages. The mortgage services company has given me a few options for fixed rate mortgages, as well as an option for an adjustable rate mortgage. Should I get a fixed rate mortgage or an adjustable rate mortgage? I am leaning toward getting one of the fixed rate mortgage options because I worry about the risk involved with an adjustable rate mortgage since I don’t know what the interest rates are expected to do. I don’t want to risk losing my house if the payments go up too much.
