An adjustable-rate mortgage is a home loan where the interest rate is fixed for a set period of time and then changes periodically. Because it depends on many different market factors, that change in rate may fluctuate—meaning sometimes you’ll pay more for your adjustable-rate mortgage and sometimes you’ll pay less.
Talk to one of our loan officers to discuss the details of an adjustable-rate mortgage vs. a fixed-rate mortgage and see which one is the right route to get you home.
Adjustable-mortgage rates change all the time based on the index tied to the particular mortgage. While we can’t guarantee your specific percentage here and now, talk to one of our loan officers to lock in your exact interest rate.
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