Can you refinance an adjustable rate mortgage to a fixed mortgage?

You can refinance an adjustable-rate mortgage to a fixed-rate mortgage, and it could save you money on your payment each month. As long as you qualify for a fixed-rate mortgage, which usually has stricter guidelines than an adjustable-rate mortgage, you can refinance into any type of product you want. A fixed-rate mortgage can save you money and keep your payment consistent instead of constantly changing. Always check the costs of refinancing and make sure it is worth the costs. If you plan on moving in a year or two, then refinancing may not save you any money.