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 ...

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 ...

Many would-be home buyers have to decide whether to take a 30-year or 15-year fixed-rate mortgage. How much of an option is an adjustable-rate mortgage of home buyers? Mortgage interest rates have ...

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.

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 ...

For a look at mortgage rate movement in recent years, see the chart below. Each mortgage has ... offering stability. With an adjustable-rate mortgage, the interest rate is only fixed for a certain ...

For a look at mortgage rate movement in recent years, see the chart below. Each mortgage has ... offering stability. With an adjustable-rate mortgage, the interest rate is only fixed for a certain ...

If your lender allows it, you can choose fixed- or adjustable-rate interest ... taxes, mortgage insurance, homeowners association fees or other monthly costs. Keep in mind: In the chart above ...

Q: We hear that interest rates may drop soon, and we would like to refinance our currently high interest rate mortgage. What can you tell us about picking an adjustable rate vs. a fixed rate ...

and a fixed- or adjustable-rate mortgage. The most common type of mortgage is a conventional, fixed-rate conforming loan. The right type of mortgage depends on your finances and what ends up being ...