Sometimes mortgage and real-estate professionals get so caught up in things that we forget that you, our customer, may not be an expert at all of the industry lingo. This article by The Motley Fool does a great job of explaining the high-level differences between the two major types of mortgages available today. Not only does it cover the main differences between fixed and adjustable rate mortgages, but there’s a little bonus information on how you can help boost your retirement savings. Registration is required, but it’s free.
