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Should I convert my Adjustable Rate mortgage into a Fixed Rate EquityONE Loan?

April 26, 2017adjustable rate mortgage convert equityone fixed loan rate

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Should I convert my Adjustable Rate mortgage into a Fixed Rate EquityONE Loan?

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Adjustable-rate mortgages (ARM) have interest rates that adjust at certain periods, while the interest rates on a fixed-rate mortgage never change over the life of the loan. For those who want stability, a fixed-rate loan may be a better choice – especially if you plan to keep your home for a long time.