Are Fixed Rate Mortgages or Adjustable Rate Mortgages better for me?
When you are in the market for a mortgage, one of the many decisions you’ll have to make is whether to apply for a fixed-rate loan or an adjustable rate mortgage…
Adjustable Rate Mortgages articles
Articles about adjustable rate mortgages: explore the explanations and comparisons below.
Jumbo Loan Basics
The majority of homes around the country are purchased with the aid of traditional, conforming mortgage loans. Yet when home prices rise quickly, many markets have…
What is a 5/5 ARM?
If you are familiar with adjustable-rate mortgages (ARMs), you have probably heard of the 5/1 ARM or even the 10/1 or 1/1 ARM. There is a newer ARM loan available…
What is an ARM loan?
While fixed-rate loans are one of the most popular choices for mortgage loans, there is another choice: the adjustable-rate mortgage or ARM loan. If you’ve ever…
Why ARM Loans Don’t Make Much Sense Right Now
If you are looking to buy a home soon or to refinance your current mortgage, you know that interest rates are very low. In recent weeks, the average rate on a…