for todays market is a fixed loan better than an adjustable loan?

As Carl noted, just looking at rate is not going to be sole determining factor as to what is best for you. An overall picture of what you are looking to accomplish along with the holding period for the real estate you are looking to finance would be other elements to review. Adjustable rates are usually always less than Fixed, but you need to take note of how the rates will adjust and when as if the periodic adjustment has a large increase, such as up to 3%, then you may find yourself in an adjustable rate that is higher than the fixed rate at that point in the future. Determine your goals and then sit with someone to see what your best options are! Good Luck!

Tough question because it depends on the individual's long-term financial goals and how long they plan on being in the home. If it is your first home or see yourself getting a new job (relocating) then an ARM might be the best choice. If this home is where you will be 5 or more years then a fixed rate is typically best for you.Thanks, Curt Tiedeman NMLS: 35554 206.650.4202