Time to change your adjustable rate mortgage to a fixed?
Fix your mortgage rate and rest assured your payments won’t fluctuate.
A fixed rate mortgage offers you rate and payment security. You won’t have any surprises even if inflation surges out of control. Stability makes budgeting easier. You can manage your money with more certainty because your housing outlays don’t change.
Fixing your rate may be the right move for you if:
You plan to increase the length of your mortgage term to lower monthly payments
You anticipate life changes that could be handled more comfortably with the predictability of a fixed rate mortgage