The Benefits of a Fixed-Rate Mortgage: Consistent Payments and Peace of Mind

If you’re in the market for a mortgage, one of the biggest decisions you’ll make is whether to choose a fixed-rate or adjustable-rate mortgage. While adjustable-rate mortgages may have lower initial interest rates, they come with the risk of increasing interest rates and potentially unpredictable payments. Fixed-rate mortgages, on the other hand, feature consistent payments, which you may find can offer you peace of mind. In this article, we’ll walk you through the benefits of a fixed-rate mortgage to help you learn more.