The two main types of mortgages are:
- Fixed-rate mortgages – interest stays the same
- Adjustable-rate mortgages (ARM) – interest can change over time
What are the two types of mortgages?
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About the Author: Ratiranjan Singha
I’m the founder of MortgageRatesChecker, where I create mortgage and loan calculators along with practical financial guides to help users compare rates, estimate payments, and make informed borrowing decisions. Content is provided for informational and educational purposes only and should not be considered financial advice.