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Eintrag vom: 13.02.2013.

An Adjustable Rate Mortgage (ARM) is a home loan with a changing interest rate. Unlike fixed-rate mortgages the monthly payments on an ARM can change. This happens when the benchmark interest rate changes. Knowing how ARMs work and their pros and cons can help buyers decide if an adjustable-rate mortgage is right for them.

 

With mortgage costs rising adjustable-rate mortgages offer savings that are increasingly popular with buyers. Here's how to know if they are right for you.

 

With interest rates rising home buyers may be more tempted by ARMs as a way to cut costs. Here are the potential pitfalls to consider.

 

Learn the differences between fixed vs adjustable rate mortgage options including pros cons and which suits your financial goals.

 

Pros and Cons of Adjustable-Rate Mortgages A variable interest rate might be invitingly low for a while but what happens when it's time for the rate to adjust?

 

Uncover the nuances between Fixed-Rate and Adjustable-Rate Mortgages. Grasp the advantages pitfalls and potential variances of an Adjustable-Rate Mortgage.

 

An adjustable-rate mortgage or ARM is a home loan that starts with a low fixed-interest "teaser" rate for five to 10 years followed by periodic rate adjustments. ARMs are different from fixed ...