Kofi has a 7.25% fixed-rate mortgage but was recently offered a “teaser” 6.2% 5/1 adjustable rate mortgage (ARM). He’s 30 ...

More borrowers are turning to adjustable-rate mortgages as mortgage rates rise. But ARMs aren't right for everyone, and they ...

For example, a $300,000 loan with a 3.1% interest rate ... With a fixed-rate mortgage loan, payments remain the same ...

Compare current adjustable-rate mortgage (ARM) rates to find the best rate for you. Lock in your rate today and see how much you can save. Current ARM Rates [myfi_generic_widget ...

According to the calculator, you would spend roughly $2,452 a month on housing, broken down into $1,763 on mortgage principal ...

for example, you will start with 8% equity. You can choose a fixed-rate mortgage, with monthly payments that remain static through the life of your loan, or an adjustable-rate mortgage (ARM ...

There are two primary types of mortgage rates: fixed-rate and adjustable-rate. Fixed-Rate Mortgages: With a fixed-rate mortgage, the interest rate remains the same throughout the loan term ...

HomePlus Mortgage is a lender and broker assisting borrowers with conforming, fixed-rate, adjustable-rate ... the borrower and the type of loan. For example, to be approved for an FHA loan ...

Mortgage rates are soaring, but don't shelve your dream home just yet. Consumer Investigator Rachel DePompa talks to Virginia ...

according to the Mortgage Bankers Association. At the same time, the share of applications for adjustable-rate mortgages, or ARMs, climbed to its highest level in 17 months. ARMs lower a borrower ...

Mortgage rates shot up over the past week, drying up home-buying and refinancing demand. But some home buyers are finding deals in adjustable-rate loans. Mortgage rates jumped 20 basis points in ...

according to the Mortgage Bankers Association. At the same time, the share of applications for adjustable-rate mortgages, or ARMs, climbed to its highest level in 17 months. ARMs lower a borrower ...