Amidst elevated interest rates and shifting economic conditions, home buyers are re-evaluating their mortgage options. One mortgage product that’s regaining momentum is the adjustable-rate mortgage (ARM) — a loan type that may be considered risky but now offers potential savings and flexibility. So, are ARMs making a comeback in the U.S.? The data says yes, and the reasons are worth exploring. This guide will dive into trends surrounding ARMs, the benefits they may offer, and the types of borrowers who might benefit most.'
The 30-year fixed-rate mortgage loan is still the most popular financing option among home buyers and homeowners in Washington State. But the adjustable-rate mortgage (ARM) loan is still a popular loan option among homebuyers looking to get lower rates. '
Summary: Saving money on a mortgage should always be on the agenda of homebuyers, and an adjustable-rate mortgage (ARM) may be able to help you do that, depending on your exact situation. This article will go over ARMs in more…'
Summary: This article is a follow-up to a previously published overview of the different types of home loans available to borrowers in Washington State. Today, we’ll take a closer look at the key differences between adjustable-rate and fixed-rate mortgage loans.…'
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