Is an Adjustable-Rate Mortgage Right for You? Selecting the right loan can be difficult because of the number of options available and the unpredictability of mortgage rates. The following can ...

Pros And Cons Enhancement : Pros and Cons of Adjustable-Rate Mortgages The initial 5/1 ARM rate is usually slightly lower than the 30-year fixed mortgage rate. The interactive chart below shows ...

Mortgage rates have been historically low for the last few years, but they are on the rise. As interest rates inch up, adjustable-rate mortgages often become more attractive for some homebuyers.

But with mortgage rates ... days are turning to adjustable rate loans because they start out with a lower, more affordable interest rate. But as Wooten's broker explained to her, the loans come ...

Maybe. The Mortgage Bankers Association (MBA) reports that while the average 30-year fixed-rate mortgage rose to 7.67% last week, the rate on the average 5-year adjustable-rate mortgage (ARM ...

If you're looking to finance a home purchase, you've probably seen options for adjustable-rate mortgages (ARMs). ARMs are a popular choice, especially for borrowers hoping mortgage rates will go down.

If you're having trouble finding homes in your price range with a 15-year mortgage, you might want to consider going with a 30-year instead. This chart ... An adjustable-rate mortgage (ARM ...

As the 30-year, fixed-rate mortgage hit 7.67% for the week ending Oct. 6, mortgage applications remained near historic lows. However, an uptick in adjustable-rate mortgage (ARM) applications edged ...

For those who want to move sooner, an adjustable-rate mortgage is one way to do so, buying with lower payments now and refinance when rates are better.

according to the Mortgage Bankers Association. That is still 80 basis points higher than the same week one year ago. Adjustable-rate mortgages, which are considered riskier because the rates are ...