When to choose a fixed-rate mortgage vs. an adjustable-rate mortgage (ARM)

By: When shopping for a home loan, you’re likely to encounter two interest rate structures — fixed-rate and adjustable-rate mortgages (ARMs). Understanding the similarities, differences, benefits and drawbacks between these two different types of mortgages can help you choose the best option for your needs and financial goals.   Here’s what to know about ARMs vs….

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