Blog

Are Fixed Rate Mortgages or Adjustable Rate Mortgages better for me?

When you are in the market for a mortgage, one of the many decisions you’ll have to make is whether to apply for a fixed-rate loan or an adjustable rate mortgage (ARM). Both can be beneficial, depending on your situation. Learning the difference between them can ensure you get the right product for your financial goals. Fixed-Rate Mortgages Fixed-rate mortgages (FRMs) are just as their name suggests - loan with a fixed interest rate, a rate that never changes over the course of the mortgage. The obvious benefit of this type of loan is that your monthly payment, as well as your inte...

August 15th, 2018 | Purchasing a Home, Fixed Rate Mortgages, Adjustable Rate Mortgages, Refinancing a Home, Are Fixed Rate Mortgages or Adjustable Rate Mortgages better for me?

First Liberty Mortgage Company, LLC

5 Commandant Gade
St. Thomas, USVI 00802
340-774-1101

180 West Main Street
Clinton, CT 06413
860-664-1855

United States Virgin Islands - Connecticut

Mortgage Broker Only, Not a Mortgage Lender or Mortgage Correspondent Lender

NMLS# 22429 www.nmlsconsumeraccess.org