Drazen Zigic / Getty Images A 5/6 hybrid adjustable-rate mortgage (ARM) has a fixed interest rate for the first five years, after which the interest rate can change every six months. A 5/6 hybrid ...

Here is how an ARM works. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet, but this does not influence our evaluations, lender star ratings or the ...

When mortgage rates are high, borrowers often turn to adjustable-rate mortgages to save money. Check out today's ARM rates to see how rates are currently trending. What are current ARM rates?

With rates for fixed-rate mortgages in the high sixes, buyers wonder whether an adjustable one may be better. The post Home ...

Here is a list of our partners and here's how we make money. An adjustable-rate mortgage, or ARM, is a home loan with an interest rate that can change over time. In most cases, ARM lenders provide ...

Prospective homeowners face a crucial decision when choosing between fixed-rate mortgages (FRMs) and adjustable-rate mortgages ... with a traditional fixed-rate mortgage. While this approach ...

Example of Interest Rate Cap An adjustable-rate mortgage (ARM) is one of the best examples of an interest rate cap. With an ARM, borrowers pay a fixed interest rate during the initial period ...

Enough with the acronyms. Why does it matter for you? One big reason is that if you’re shopping for an adjustable-rate mortgage, it’s important to understand the basics of how SOFR works as ...