Adjustable Rate Mortgages: Unlike a Fixed Rate Mortgage where your interest rate stays the same for the life of the loan, the interest rate with an Adjustable Rate Mortgage will change over time. An Adjustable Rate Mortgage often offers the lowest interest rates currently available, and maybe a good option for you if you are looking:
• For a much lower initial monthly mortgage payment
• To move or sell your home in less than 10 years
• To refinance in less than 10 years
We represent multiple lenders and will shop for the best lender and rate for you and your financial situation so you don’t have to. Contact us today to speak with an expert Mortgage Planner and see if an Adjustable Rate Mortgage is right for you.