If you’re buying a condo or loft for sale in Los Angeles, you have plenty of options when it comes to a mortgage. One of those options is an adjustable-rate mortgage, or ARM – but what is it, and why would someone choose that? What is an Adjustable-Rate Mortgage? An adjustable-rate mortgage, which is commonly […]
What You Need to Know About Adjustable-Rate Mortgages
You’ve heard about adjustable-rate mortgages, but if you’re like many people, you don’t know a whole lot about them. Adjustable-rate mortgages, or ARMs, can be a good choice for some people. Are you one of them? What You Need to Know About Adjustable-Rate Mortgages An ARM, which is also called a variable-rate mortgage, is a […]
Fixed-Rate vs. Adjustable-Rate Mortgages
When you’re buying a condo or loft in DTLA, you’ll have a few choices on what type of mortgage loan you get. For some people, fixed-rate is the best choice; for others, adjustable-rate is best. But what are the differences? Here’s what you need to know. What is a Fixed-Rate Mortgage? In a fixed-rate mortgage, […]