Unlike a fixed-rate mortgage, which carries the same interest rate over the entirety of the loan term, ARMs start with a rate that’s fixed for a short period, say five years, and then adjust. For ...

Today, a well-qualified borrower can get an adjustable-rate mortgage or ARM at under 6%, locked in for the first seven years.

your rate and mortgage payment may increase. ARM rates continue to change periodically — commonly, every six months or one year — until you sell, refinance or pay back the mortgage in full.

Existing-home sales fell in the first month of the year as buyers continued to struggle with high home prices and 7% mortgage ...

These are today's mortgage and refinance rates. Mortgage rates have held steady so far this month, and it's unclear if ...

If you're one of the many homeowners who chose an ARM to escape the fixed-rate mortgage climb starting in 2022, you might be eyeing a refinance soon. With ARM rates now adjusting to 7% APR or ...