ARM

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. '

This is part of an ongoing blog series that discusses commonly used mortgage strategies among home buyers and homeowners in Washington. Today, we’ll talk about how a homeowner in Washington State could benefit by refinancing from an adjustable-rate to a fixed-rate mortgage.'

When you apply for a mortgage, you have plenty of options, including whether to opt for a fixed-rate or adjustable-rate mortgage. But when does it make more sense to go with an adjustable-rate mortgage (ARM)? This article will explain.'