Buying a home can be a great investment. If home prices in your area have been rising, buying now can help you stay in a neighborhood that you might otherwise be priced out of in a few years. And even if you don’t end up staying long term,
a sharp rise in local property values could mean a sizable profit when you sell.
If you have decided that buying is the goal for you, the next decision is whether to go with a fixed or adjustable-rate mortgage. Here are some things to consider.