The Pros and Cons of Adjustable-Rate Mortgages
The decision between fixed and adjustable rate mortgages brings up questions about balancing financial flexibility against potential risks. Borrowers often choose ARMs with the hope that mortgage rates will decrease. The numbers tell an interesting story – ARM applications jumped from a mere 3.1 percent in January 2022 to 9.3 percent by October 2025. ARM … Read more The Pros and Cons of Adjustable-Rate Mortgages