Adjustable Rate Mortgages - Are You Getting a Lower Interest Rate?

Banks are giving you a lower interest rate because you're mitigating their rets. 80% of people will not have the mortgage they take out to day in ten years. So adjustable rates are probably the right answer for eight out of ten people, even though just the opposite,. Eight out of ten come to be an ask for a fixed rate, they're really paying for something they don't need.