How do I decide between adjustable or fixed loan?

Scenario analyses help determine whether ARM is risk worth taking
Published on Mar 1, 2004

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

“I am trying to choose between a 3/1 adjustable-rate mortgage at 4.625 percent and a fixed-rate mortgage at 5.875 percent, both 30 years. I don’t expect to be out of my house within three years. What is the best way ...