Adjustable-rate loans have lower rates right now than fixed mortgages, offering buyers cheaper financing costs.
A hybrid adjustable-rate mortgage is a type of mortgage that has an initial fixed interest rate period followed by an ...
Lauren Williamson is the Financial and Home Services Editor for the Hearst E-Commerce team. She previously served as Senior Editor at Chicago magazine, where she led coverage of real estate and ...
If you remember the 2008 housing crash, “adjustable-rate mortgages” might still conjure predatory lenders and underwater homeowners. That association isn't just earned — it's backed by staggering ...
ARMs often start at lower rates, but monthly payments can rise over time Adjustable-rate mortgages peaked at 35% of mortgage applications in 2005 Today's environment is vastly different for several ...
ATLANTA — The number of homeowners seeking to refinance their homes has surged by 60% from last week, according to the Mortgage Bankers Association. Channel 2 consumer investigative reporter Justin ...
(StatePoint) An adjustable-rate mortgage (ARM) is often discussed as an option to help lower initial costs and increase flexibility, particularly in a high-cost housing market. However, it’s important ...
More homebuyers are turning to adjustable-rate mortgage loans to keep their payments affordable. It's easy to understand why.
Getting a mortgage is a huge financial commitment, and understanding how they work is essential before you start house ...