Of the numerous financing options that banks and other lending institutions offer Buyers, you can bet after the 2008 crisis that security should be regarded as more important than tenths of a percentage point. The 30-year fixed, amortized loan repayment program assures new home owners that the mortgage rate they're paying today will not suddenly change. The 5-year ARMs that concealed crucial details in the fine print was a devastating lesson for economists and consumers.
Let's play fair people. Let's play it safe.