Someone who plans on selling his or her home within the next 3 years should get a fixed-rate mortgage.

Name: Someone who plans on selling his or her home within the next 3 years should get a fixed-rate mortgage.
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Quizplus · Accepted Answer

A fixed-rate mortgage typically benefits those who plan to stay in their home for a longer period, as it locks in the interest rate. For someone planning to sell within a few years, an adjustable-rate mortgage might offer lower initial rates and be more cost-effective.

Someone Who Plans on Selling His or Her Home Within