7/1 ARM vs. 30-Year Fixed Mortgage: Pros and Cons

When shopping for a mortgage, it’s very important to pick a suitable loan product for your unique situation. Today, we’ll compare two popular loan programs, the “30-year fixed mortgage vs. the 7-year ARM.” We all know about the traditional 30-year fixed – it’s a home loan with a 30-year duration and an interest rate that [&hellip

The post 7/1 ARM vs. 30-Year Fixed Mortgage: Pros and Cons first appeared on The Truth About Mortgage.

Renting vs. Buying a Home: 55 Pros and Cons

It’s time for yet another mortgage match-up, so without further ado, here’s a biggie: “Renting vs. buying a home.” Or a townhouse for that matter… This is certainly an intimidating question, and one that’s difficult to sum up in one post, but I’ll do my best to cover as many pros and cons for each [&hellip

The post Renting vs. Buying a Home: 55 Pros and Cons first appeared on The Truth About Mortgage.