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13:52
nerdwallet.com
Fixed-Rate HELOC: How It Works and Pros and Cons - NerdWallet
Fixed-rate HELOCs protect your loan from rising rates. With a fixed rate, you also know exactly what you’ll be paying in the long run.
Jul 15, 2022
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This or That: Fixed vs. Adjustable Mortgage 🏡💭 🔹 Fixed Rate Mortgage or 🔹 Adjustable Rate Mortgage ✨ Here’s the difference: 📌 Fixed Rate = Same interest rate for the life of the loan. Predictable payments, long-term peace of mind. 📌 Adjustable Rate (ARM) = Lower rate upfront, but it can change over time based on the market. 💡 Which makes sense in Colorado Springs right now? • Planning to stay long-term? Fixed may offer stability 🛡️ • Buying short-term or expecting a refinance? An ARM cou
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