For those that like consistency and foregone conclusion over time, the fastened rate is the best selection. Because a hard and fast rate can ne’er amendment, you’ll have a lot of correct estimate of your money burdens within the coming back months or years. Perhaps you run a decent budget and can’t afford a risky rise in interest rates. In that case, this predictable certainty will work in your favor.


Traditional or Fixed Rate Mortgage | Advantages and Disadvantages