At Strategy Mortgage, we ask you to think how long you plan to be in your home. We suggest a mortgage that matches your home ownership expectations. If you plan to be in the same home for a long time, then a fixed rate program may be right for you. On the other hand, very few homeowners remain in the same home for 15 or 30 years. You might be better served by an adjustable rate mortgage with a rate lock term that matches your plans. A rate that is fixed for 3, 5, 7, or even 10 years before being subject to a rate adjustment may be the perfect program for you.