fl: The Best Mortgage IS a Fixed Rate Mortgage
- 07/30/07 03:59 AM
The Best Mortgage IS a Fixed Rate Mortgage When shopping for a mortgage, one can easily become overwhelmed with all the different mortgage programs that are out there: Fixed Rates (FRM), Adjustable Rates (ARM), Hybrids, etc. The problem that consumers face is "which mortgage is the best?" The answer to this is: the best mortgage program is that program that best suits the individual's needs. But how does one know which is the best, if one is not up on all the different types of mortgages?
Well, let's break mortgages down to their very basic levels: rate and term. Rate is the interest (38 comments)