Answered

Discover the answers you need at Westonci.ca, where experts provide clear and concise information on various topics. Join our platform to connect with experts ready to provide detailed answers to your questions in various areas. Explore comprehensive solutions to your questions from a wide range of professionals on our user-friendly platform.

Why do most home buyers prefer a fixed-rate mortgage? Fixed-rate mortgages always provide the lowest possible interest rates. Fixed-rate mortgages allow early payment. Fixed-rate mortgages provide security against increased costs. Fixed-rate mortgages usually get added tax breaks from both state and local governments.

Sagot :

"Fixed-rate mortgages provide security against increased costs." Of course there is the possibility with a fixed-rate mortgage that costs could decrease, meaning you would be paying more than needed, but this is a risk many people are willing to take.
We hope this was helpful. Please come back whenever you need more information or answers to your queries. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Your questions are important to us at Westonci.ca. Visit again for expert answers and reliable information.