What is the Difference Between Fixed and Adjustable Rate Mortgages?

Fixed and Adjustable mortgage rate loans are two different types of loans which vary in interest rates; the former being a fixed rate and the latter being a hybrid of a fixed and fluctuating rate. Let's understand the key differences between these two loan options in the following post. Read More: https://www.drewmortgage.com/blog/what-is-the-difference-between-fixed-and-adjustable-rate-mortgages/