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When is an adjustable-rate mortgage a fixed-rate mortgage? When it’s a \ Flexible Mortgage Plan at VSB! i No one knows what interest rates are going to do in the next few years. Today, interest on an adjustable-rate mortgage is 2-3% less than on a fixed-rate mortgage. So, it pays to go with the adjustable-rate for now. But, what if tomorrow interest rates start to skyrocket, as they have in the past? Then, for your peace of mind, it would be best to have a fixed-rate mortgage. And if rates go down you would also want to lock them up with a fixed-rate mortgage. |' Can you have it both ways?
The Best Of Both Worlds! ■ The answer is yes! That’s just what the Flexible Mortgage Plan at VSB is all about. It is an adjustable-rate mortgage, which gives you impressive savings right
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