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When is an adjustable-rate mortgage a fixed-rate mortgage? When it's a Flexible Mortgage Playi at VSB!
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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