Been looking into mortgages lately and I'm kinda stuck between adjustable-rate and fixed-rate options. Fixed seems straightforward enough, you know exactly what you're paying each month, no surprises. But adjustable rates seem tempting too, especially with lower initial rates. I mean, who doesn't like saving a bit of cash upfront, right?
But then again, the adjustable ones feel kinda risky to me. Interest rates could jump up later, and suddenly you're paying way more than you bargained for. My cousin went adjustable a few years back and ended up regretting it when rates climbed. But I've also heard stories from friends who saved a ton because rates stayed low.
I'm leaning toward fixed just for peace of mind, but I'm curious what others think. Has anyone here gone adjustable and actually preferred it? Or is fixed-rate the safer bet overall?
