We're currently experiencing a phone and ATM outage at our Belfair branch. For assistance, please reach out to us at our main line: 360-754-3400.
We've seen an increase in customers reporting phishing attempts over the phone. Please be diligent in knowing how to spot, avoid and report scams.

What is the difference between fixed and adjustable rate mortgages?

A fixed rate mortgage has an interest rate that will remain the same throughout the life of the loan.

An adjustable rate mortgage loan has an interest rate that can change throughout the life of the loan. Sometimes the adjustment will occur one time and other times it could occur multiple occasions throughout the life of the loan. Often times, adjustments will be dependent on market conditions at the time that the adjustment is made.

Category: Home Loans