Sentences with phrase «aspects of an adjustable rate mortgage»

The VA took the best that a fixed rate mortgage has to offer and combined those with the better aspects of adjustable rate mortgages.

There are many aspects of an adjustable rate mortgage that consumers should pay attention to, but one feature that demands attention is the caps on interest rates at every juncture in the loan.

Not exact matches

There are also mortgages that combine aspects of fixed and adjustable rate mortgages - starting at a low fixed rate for seven to ten years, for example, then adjusting to market conditions.

This means they combine aspects of both a fixed and adjustable rate mortgages.