Choosing the right mortgage
Nobody can answer this question, but you. Everyone has a different financial picture, needs, short term, and long term goals. There is a home mortgage or home loan that fits you. By determining your long term and short term goals, you should be able to find a loan that fits your needs.
Basically, with a fixed-rate mortgage, you're trading stability for a slightly higher interest rate. On the flip side, with an ARM, you are accepting a certain amount of risk for a lower interest rate.
With an adjustable rate mortgage, you can get started with a lower monthly payment than a fixed rate mortgage, but your payments could change when the interest rate changes.
Of course it never hurts to do a little shopping around. Check with numerous lending institutions and find out what programs are available. There are dozens of very reputable mortgage loan companies on the internet.