Adjustable Mortgage Rates Articles

Definition of an Adjustable Rate Mortgage (ARM)
An Adjustable Rate Mortgage is a type of loan where the initial mortgage rate remains fixed for a time --typically 3, 5, or 7 years. After this period, the rate begins to shift up or down depending on changes in the mortgage marketplace. . ARM rates are bound to an...

Reasons to get an Adjustable-Rate Mortgage
Rising mortgage interest rates are inspiring many prospective homebuyers to explore alternatives to fixed-rate mortgages. If you are looking for an alternative to a fixed-rate mortgage, you may want to consider an adjustable-rate mortgage. An adjustable-rate...

Adjustable Rate Mortgage or Fixed Rate Mortgage: Which Is Better?
The most common mortgage options are fixed rate mortgage an adjustable rate mortgage.  Which of these is best?  This depends on your situation and your unique financial goals.Adjustable rate mortgages come at a much lower initial interest rate than...