The 2 Mortgage Guys: Fixed vs. adjustable mortgage rates
If you have short term plans to pay off your loan in full then an adjustable rate may save you money over the term of the mortgage. If you're planning on keeping your mortgage for a longer period of time then an adjustable rate may be too risky considering today's evolving stock market.
Check out this week's video and we'll explain a few more scenarios to help determine which option is right for you. Ryan Minick and Steve DeLon are The 2 Mortgage Guys. Subscribe to their newsletter or visit them at www.The2MortgageGuys.com.