Summary: This article is a follow-up to a previously published overview of the different types of home loans available to borrowers in Washington State. Today, we'll take a closer look at the key differences between adjustable-rate and fixed-rate mortgage loans.…
Summary: Shouldn’t fixed-rate mortgage payments stay the same throughout the term of your mortgage? Then why have your payments gone up? Read on to find out what may have happened. “You promised me a fixed rate!” The voice on the…
Often buying a home, especially your first home, can be a scary endeavor. The two most common types of home loans are the fixed-rate home loan (FRM) and the adjustable-rate home loan (ARM). Generally speaking, the loans that are most…