Answered

At Westonci.ca, we connect you with the best answers from a community of experienced and knowledgeable individuals. Explore our Q&A platform to find in-depth answers from a wide range of experts in different fields. Discover in-depth answers to your questions from a wide network of professionals on our user-friendly Q&A platform.

How is an Adjustable Rate Mortgage different from a Fixed Rate Mortgage? Is one better than the other? Explain.

Sagot :

smhitsjenni

Answer:

in my opinion, a fixed rate mortgage is better than an adjustable rate, a fixed  mortgage interest stays the same unchanged, however an adjustable mortgage rate only rises as time passes.

Thank you for visiting our platform. We hope you found the answers you were looking for. Come back anytime you need more information. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. Westonci.ca is committed to providing accurate answers. Come back soon for more trustworthy information.