Fixed rate vs. adjustable rate mortgages (ARM): what's the difference? Both fixed and adjustable rate mortgages have their own benefits, but one may make more sense for your financial situation. Learn more about the differences and figure out whether an ARM or a fixed rate mortgage is best for you with this Better Money Habits video.

00:00 Fixed vs. adjustable rate mortgages
00:27 What is a fixed rate mortgage
00:52 What is an adjustable rate mortgage (ARM)
01:56 How to choose the right type of loan

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