- Understanding "Points"
- Fixed-Rate or Adjustable-Rate Mortgages?
- Adjustable-Rate Mortgages (ARMs)
Deciding on the type of mortgage you will use to finance the property is a decision as important as the selection itself.
Making the wrong financing decision can be a costly mistake, especially when you consider that you'll probably be in your home for a lengthy period of time. Sure, you can refinance, but there are costs associated with that process as well.