An adjustable-rate mortgage (ARM) is a mortgage whose interest rate resets at periodic intervals. ARMs have low fixed interest rates at their onset, but often become more costly after the rate starts ...

What Is a 5/1 ARM? (And Should You Get One To Snag a Lower Mortgage Rate?) Prospective homebuyers have been dealt a complicated hand in recent years. Mortgage rates are still high, home prices ...

For those of us who lived through the housing crisis of 2008, you may associate adjustable rate mortgages (ARMs) with predatory lending practices and mass foreclosures. But today’s ARMs have been a ...

Every dollar counts, especially during inflationary times. That’s why homebuyers or owners should consider cheaper, adjustable rates when shopping for mortgages. Today, a well-qualified borrower can ...

Discover how mortgage interest works, how it's calculated, and the differences between fixed-rate and adjustable-rate loans. Learn tips to secure lower interest rates.

Q: We hear that interest rates may drop soon, and we would like to refinance our currently high interest rate mortgage. What can you tell us about picking an adjustable rate vs. a fixed rate mortgage?

(NewsNation) — With mortgage rates elevated, more borrowers are turning to adjustable-rate loans for relief. Adjustable-rate mortgages, or ARMs, made up about 10% of all mortgage applications in ...

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An adjustable-rate mortgage can save you money early in the loan, but you’ll need to be clear on how much your payment could rise later.