The main benefit of an ARM is that you can often snag a lower rate than you would with a fixed-rate mortgage. But ARMs can be risky because your monthly payment could increase if your rate goes up.

Fannie Mae and Freddie Mac products are losing ground to adjustable-rate mortgages (ARMs) and FHA/VA offerings.

A basis point is one one-hundredth of one percent. Rates are expressed as annual percentage rate, or APR. A 7-year adjustable-rate mortgage is an adjustable-rate mortgage (ARM) with an interest ...

An adjustable-rate mortgage (ARM) is a mortgage whose interest rate resets at periodic intervals. ARMs have low fixed ...

Our opinions are our own. 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 a comparatively low fixed interest ...

Mortgage rates affect home affordability and long-term costs. Rates vary by economy, loan type and borrower credit. Lower ...

But they're also riskier. While an ARM can save you money, it may be safer to get a fixed-rate mortgage if you plan to stay in the home long term. As mortgage rates rise, more borrowers are ...

You’ll typically need a down payment of at least 3% to 5% for a conventional ARM loan. Don’t forget that a down payment of less than 20% will require you to pay private mortgage insurance (PMI).

Is an Adjustable-Rate Mortgage Ever a Good Choice ... specific financial situation and long-term goals. This in-depth breakdown of fixed vs adjustable mortgage options should equip you with ...

The company offers a variety of loan products including proprietary low-down-payment loans and a 10-year interest-only jumbo adjustable-rate mortgage. Eligible borrowers may be able to secure a ...