Adjustable-rate mortgages, or ARMs, are home loans with fluctuating interest rates. The main difference between adjustable- and fixed-rate mortgages is that fixed-rate mortgages keep the same rate for ...
More buyers are turning to adjustable-rate mortgages, which offer lower initial rates than fixed-rate loans. Some ARMs could shave almost a percentage point off the 30-year fixed rate, recent data ...
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