FIXED VS VARIABLE INTEREST RATES

When discussing different loan products with your mortgage lender or broker, be sure to ask about fixed versus adjustable rates to determine which is best for you based on current market conditions.
Here are some important factors to consider when selecting a mortgage lender or mortgage broker. WATCH VIDEO 🎥
A prospective homebuyer looking to sell their house or refinance their mortgage after a few years could benefit from an adjustable-rate mortgage, as their initial lower rate make them more affordable in the short term. Alternatively, a fixed rate would benefit homebuyers looking to stay in their home long-term (5+ years).
It’s important to seek guidance from your trusted mortgage professionals before locking in on a long-term debt obligation.
Leslie Sanchez | Global Real Estate Advisor and Investor
ONE Sotheby's International Realty
📱908.917.8358
📧 [e-mail]