ARM Loans: Adjustable Rate Mortgages

ARM Loans: Adjustable Rate Mortgages

ARM loans offer lower initial rates than conventional loans, making them a potential option if you believe rates will drop. However, many prefer fixed-rate mortgages for stability. Most banks price ARM fixed-rate portions close to conventional loans, so refinancing before the adjustment period is key. Learn when ARMs make sense.
#armloans #adjustableratemortgage