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

Read Next: How Middle-Class Earners Are Quietly Becoming Millionaires — and How You Can, Too The initial interest rate on an ARM is usually less than that of a fixed-rate mortgage — a plus for ...

For now at least... An adjustable-rate mortgage (“ARM”) is a mortgage loan with an adjustable interest rate. The adjustments are made to the mortgage rate on a periodic basis and can be as ...

Once ARMs start to adjust, their rates may end up higher than those on a fixed-rate mortgage. Pros and cons of adjustable-rate mortgages Adjustable-rate mortgages aren't for everyone, but they can ...

You'll need to decide between a conventional or government-backed loan, and a fixed- or adjustable-rate mortgage ... all with different requirements, pros, and cons. Some are easier to qualify ...

Mortgage origination fees are on the low side compared to other lenders, according to the latest federal data. Cons Doesn’t offer government-backed FHA or USDA loans, or adjustable-rate mortgages.

Unlike a fixed-rate mortgage, which carries the same ... You need to take the time to consider the pros and cons before choosing this option. ARM lenders generally require a debt-to-income ...