870c369b_y_Spring_BankSandy_Spring_Bank__Disadvantages
[Loan Programs] Fixed Rate Mortgages [Advantages] Monthly payments are fixed over the life of the loan Interest rate does not change Protected if rates go up Can refinance if rates go down [Disadvantages] 
Possible higher interest rate Possible higher mortgage payments Rate does not drop if interest rates improve
Mortgage Products - Sandy Spring BankSandy Spring Bank
Disadvantages