Fixed-Rate Mortgages or Adjustable-Rate Mortgages (ARM): Which Are Better?

When faced with an important decision, which route do you usually take: the tried-and-true option or the one off the beaten path? Believe it or not, your answer might affect your homebuying strategy, particularly when choosing a mortgage. Fixed-rate mortgages are time-tested and traditional, while adjustable-rate mortgages (ARMs) offer more flexibility and potentially lower rates. […]