by Justin Mayhall | Sep 25, 2023 | Blog
Adjustable Rate Mortgage? credit: cali on flickr Should you get an adjustable rate mortgage? It depends. When buying a home, there are plenty of mortgage options — adjustable rate mortgages, fixed rate mortgage, interest only mortgage, and more. Today, however,...
by Justin Mayhall | Sep 25, 2023 | Blog
What is an ARM Mortgage? Flickr: USDAgov/Creative Commons An ARM (Adjustable Rate Mortgage) is a type of mortgage where the interest rate fluctuates based on an index (often the 1-year treasury bill, LIBOR, or COFI). Why would anyone be interested in a relatively...