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Updated over 9 years ago on . Most recent reply
Fixed Rate vs Adjustable Rate?
The fixed rates I've been encountering have been a little higher than the adjustable rates. I know this question is a little vague, but how do I approach comparing the two? At this point, it seems like a gamble to try to predict where the adjustable rate would go. Thoughts?
Most Popular Reply
Andrew Syrios
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- Residential Real Estate Investor
- Kansas City, MO
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Originally posted by @Jerry Poon:
The fixed rates I've been encountering have been a little higher than the adjustable rates. I know this question is a little vague, but how do I approach comparing the two? At this point, it seems like a gamble to try to predict where the adjustable rate would go. Thoughts?
With interest rates as low as they are I would lean toward fixed rates. There's just nowhere for them to go but up IMO.