VA

Choosing between fixed-rate and adjustable-rate mortgages is one of the biggest decisions you'll make when buying a home. While both options have their advantages and disadvantages, it's important to weigh the pros and cons carefully to make an informed decision that aligns with your financial goals and circumstances. In this article, we'll explore the five key factors to consider when choosing between fixed-rate and adjustable-rate mortgages, including your financial goals, current interest rates, monthly budget, loan length, and risk tolerance. By weighing these factors, you can choose the mortgage type that's best for your individual needs and financial situation.