What is the advantage of a fixed rate mortgage over a variable rate mortgage?

Fixed rate mortgages generally have lower rates than variable rate mortgages
# Fixed rate mortgages require lower down payments than variable rate mortgages
# The interest on a fixed rate mortgages can't fall
# The interest on a fixed rate mortgage can't rise


Ok so you might find the next few links interesting. These are from around the web, just random snippets that I’ve picked up in my reading, but I found some very cool information in them. You might too. Here goes…

The Mortgage Interest Rate Lock Advisory for Cape Cod MA for …

Articles and Blog Posts About the Mortgage and Housing Market on Cape Cod.

Mortgage Interest Rate Predictions For 2010 | Latest Finance News

To truly benefit from a mortgage refinance, the new interest rates must be lower than your previous rate. With the housing market in the condition it is, and.

Home Mortgage Interest Rates Affect Housing Prices

We're obviously coming off of a period of very low interest rates. When rates were low, I thought to myself now is a great time to buy a house, since I can.

Hope you enjoy the read as much as I did and please if you have something to say, use the comments form below to let everyone know your thoughts.

Have a great day!

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