Mortgage Monday! 🏡 What is the difference between a fixed-rate and an adjustable-rate mortgage? 📝 There are many different types of mortgages offered by lenders. Each mortgage has its own set of qualifications and limitations. A fixed-rate mortgage offers the borrower stability with a consistent monthly payment. An adjustable-rate mortgage will have a lower initial rate but monthly payments may fluctuate if the interest rate changes. So, which mortgage is right for you? 🤔 While fixed-rate
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