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Fixed Vs. Adjustable Rate Mortgage: Weighing the Pros & Cons
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When applying for a mortgage, there are many different loan products and several factors to consider. One of the key defining factors is whether to choose a fixed or an adjustable rate mortgage, commonly known as an ARM. There are pros and cons to both options, and the right choice will differ between each borrower and their unique scenario. The list below will help determine which type of rate may be best for you.

Of course, your Fairway loan officer is always available to discuss these pros and cons with you to determine which option best fits your financial profile. To get started, find a loan officer near you or click here to start the pre-approval process!

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