seven or 10 years, which may be about as long as you expect to own the home. Another good reason to consider an ARM is if you can’t afford the monthly payment of a fixed-rate mortgage.
These are today's mortgage and refinance rates. Mortgage rates have been elevated thanks to stubborn inflation, and it's ...
Today, a well-qualified borrower can get an adjustable-rate mortgage or ARM at under 6%, locked in for the first seven years.
These are today's mortgage and refinance rates. Mortgage rates have held steady so far this month, and it's unclear if ...