As the saying goes, "There's nothing like a home for a good investment." Touch . This is why for most people, buying a new home is probably the biggest financial decision they'll ever have to make. When you're on the look out for a new home, you need cash. A lot of it. Most homes today have down payments that are more than what the buyer can afford right then and there. Mortgage Rate Comparison When you're in the market for a loan, it might do you good if you do a little mortgage rate comparison. With mortgage rate comparisons, you are sure to make the right decision and choose the right mortgage. FSA Key Facts - Mortgage Rate Comparison Tables FSA or Financial Services Authority is a mortgage and insurance regulation board based in the United Kingdom. If interest rates rise to the point that the interest due cannot be covered by your monthly amortization mortgage payment, the unpaid amount will be added into the loan balance, increasing it over time. For instance, the payment cap of your amortization mortgage is 7.5%. With a monthly amortization mortgage payment of $1,000 and rising interest rates, your new payment would normally be $1200/month. Lower adjustable rate home mortgage rates means lower monthly payments, making it easy for people to qualify for a loan. However, if you expect to keep your house for a bit longer, then it is advisable if you look into the market for fixed rate home mortgage rates. Adjustable rate home mortgage rates only work if you stick with it for a short while. Usually fixed rate home mortgages with 30-year loan terms give the consumers the opportunity to borrow money on a long-term basis. The amortization period for this type of fixed rate home mortgage is longer and the monthly payments are lower. One drawback, however of this home mortgage is its high interest bill and slow equity build-up. Interest-only mortgages have payment periods based on adjustable rate mortgages. This however is not always the case. Interest-only mortgage payment schedules are also offered in fixed rate mortgages as well. Interest-only mortgages have also gone mainstream so virtually anyone can borrow money with this type of loan.