Introduction: Why ARM Rates Feel So Confusing Adjustable Rate Mortgages (ARMs) often look simple on the surface. A lower starting rate, a predictable payment for a few years, and the promise of…

Introduction: The Mortgage That Deserves a Warning Label Adjustable Rate Mortgages (ARMs) often arrive wrapped in attractive promises. Lower interest rates. Smaller monthly payments. Easier qualification. For many homebuyers, especially first-time buyers,…

Introduction: The Mortgage That Moves With the Market Adjustable Rate Mortgage loans—commonly called ARMs—are among the most misunderstood financial products in the housing market. To some borrowers, they represent opportunity: lower initial…

Introduction: Understanding the Mortgage That Changes Over Time An Adjustable Rate Mortgage (ARM) can look very attractive at first glance. Lower initial payments, easier qualification, and short-term savings often draw borrowers in.…