adjustable rate loans: Buying A Home - Fixed Rate or Adjustable Loan - 09/14/08 01:12 PM
Interest Rates are really low right now, and we've been talking about 30 and 15 year Fixed Rate Loans. If you look at the different loan programs that lenders are offering, you will also hear about Adjustable Rate Loans.  Adjustable Rate Loans typically have a lower rate than the fixed rate initially and can look really attractive (and can help you afford a more expensive house).  Sounds like a great deal, but you need to really look at the total picture before getting into an adjustabel rate loan.
The FIXED RATE LOAN is based on what the current rate is and … (1 comments)

 
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Toni Bird

Hoover, AL

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