Fixed Rates vs. Variable Rates
A tough choice is whether to get a fixed or variable mortgage.
Fixed rates are safer, but if you want flexibility and the ability to take advantage of lower interest rates then consider a variable rate instead. Just make sure that if prices drop below what was agreed on, that there will be no consequences for you. Learn more about fixed rates vs. variable rates below.
Fixed-Rates
Fixed-Rate loans have set terms with respect to how long repayment lasts for which helps people who need stability over time without having any risk factors because they know exactly how much their total cost is going to be upfront before even borrowing anything at all!
Variable Rates
Variable-rate mortgages are better if you want to take out a loan that has more than just one payment. With variable rates, the interest owed will change every month depending on what index it’s based on – so there are no surprises when your monthly statement comes in!
Are you thinking about getting a mortgage?
Taylor Mortgages can help you with a loan. We offer competitive rates and we will work with you to find the best way for your situation. Whether it is your first time getting a loan or refinancing, we have an option that is right for you. Plus, we will answer any questions that come up during the process.
Don't let your dreams of homeownership
fade away!
If you’re looking for a mortgage loan to help make that happen, Taylor Mortgages has the perfect one waiting for you. Simply start the process by applying or contacting us today, and we’ll help you get started on your amazing journey towards homeownership, where we will be by your side every step of the way.
