<human>:  I want to know about the different types of mortgages and how to choose the best one for me.
<bot>: The different types of mortgages available vary depending on the lender, their terms and conditions, and your specific needs. Generally, the two main types of mortgages are fixed-rate mortgages and adjustable-rate mortgages (ARM). A fixed-rate mortgage offers a fixed interest rate for the life of the loan, while an ARM may have an initial fixed interest rate that is then adjusted periodically throughout the life of the loan. When choosing a mortgage, it's important to consider your financial goals, your current income and expenses, and your future plans. This will help you choose the right type of mortgage for you. It's also important to shop around for lenders and compare the best mortgage rates and terms that meet your needs. You can also work with a mortgage broker, who can shop around for you and help compare loan offers from multiple lenders.