ARMs typically come with lower initial interest rates than traditional fixed-rate mortgages, making them a popular way for homebuyers to save money when fixed rates are high. However, ARMs come with ...

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 to ...

For those of us who lived through the housing crisis of 2008, you may associate adjustable rate mortgages (ARMs) with predatory lending practices and mass foreclosures. But today’s ARMs have been a ...

When shopping for a mortgage, there are several options to consider. The biggest consideration is whether you want a fixed-rate or variable-rate loan, otherwise known as an adjustable-rate loan. A 5/1 ...

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 ...

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 mortgage?

Adam B. Frankel is a personal finance writer and financial adviser with over 30 years of experience. When he’s not managing money in the stock market, he teaches financial topics and other core ...

The Federal Open Market Committee’s (FOMC) series of rate hikes throughout 2022 and 2023 left ARM mortgage rates relatively high, but the time for rate cuts finally arrived in 2024. The Fed conducted ...

If you're nearing the end of your ARM loan's initial fixed-rate period and your rate will rise significantly, you might be considering refinancing to a fixed-rate mortgage. A fixed-rate mortgage ...

An adjustable-rate mortgage is a type of home loan where the interest rate can change after an initial fixed period, leading to unpredictable payments. Unlike fixed-rate mortgages, which have the same ...