Fixed-Rate Mortgage Vs. ARM: What's the Difference? | Bankrate
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Fixed-Rate Mortgage Vs. ARM: What's the Difference? | Bankrate
Fixed- and adjustable-rate mortgages have unique pros and cons. To decide which is right for you, consider your budget and long-term plans.
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This or That: Fixed vs. Adjustable Mortgage 🏡💭 🔹 Fixed Rate Mortgage or 🔹 Adjustable Rate Mortgage ✨ Here’s the difference: 📌 Fixed Rate = Same interest rate for the life of the loan. Predictable payments, long-term peace of mind. 📌 Adjustable Rate (ARM) = Lower rate upfront, but it can change over time based on the market. 💡 Which makes sense in Colorado Springs right now? • Planning to stay long-term? Fixed may offer stability 🛡️ • Buying short-term or expecting a refinance? An ARM cou
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This or That: Fixed vs. Adjustable Mortgage 🏡💭 🔹 Fixed Rate Mortgage or 🔹 Adjustable Rate Mortgage ✨ Here’s the difference: 📌 Fixed Rate = Same interest rate for the life of the loan. Predictable payments, long-term peace of mind. 📌 Adjustable Rate (ARM) = Lower rate upfront, but it can change over time based on the market. 💡 Which makes sense in Colorado Springs right now? • Planning to stay long-term? Fixed may offer stability 🛡️ • Buying short-term or expecting a refinance? An ARM cou
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