For example, a 5/1 ARM will have the same rate for the first five years, then can adjust each year after that—meaning ... then an ARM today may be a good idea. If not, consider exploring fixed ...
When mortgage rates are high, borrowers often turn to adjustable-rate mortgages to save money. Check out today's ARM ... will adjust every year after that. With a 5/6 ARM, your rate will be ...
For example, if you secured a 5/1 ARM at ... choice today due to changing market conditions. Many fixed-rate mortgages now offer lower interest rates than ARMs, with the average 30-year fixed ...