Earnest money deposit Fixed-rate mortgage Pre-qualification 
Redfin
JULY 30, 2025
What’s the difference between a fixed-rate mortgage and adjustable-rate mortgage? When choosing a mortgage, you’ll need to decide between a fixed-rate mortgage or an adjustable-rate mortgage (ARM). Should I get pre-qualified or pre-approved for a mortgage?
The Close
DECEMBER 29, 2022
It’s kind of like a fixed-rate mortgage and an adjustable-rate mortgage had a baby. A convertible ARM is a mortgage with a much lower interest rate at the start of the loan, where the interest rate fluctuates during the life of the loan, usually every six months. Earnest money deposit.
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