Nontraditional mortgages break free from conventional standards, often with higher interest rates. Learn about the different ...

An adjustable-rate mortgage (ARM) is a mortgage whose interest rate resets at periodic intervals. ARMs have low fixed interest rates at their onset, but often become more costly after the rate starts ...

Learn what an interest-only mortgage is, how it functions, its advantages, and potential risks. Discover if this mortgage ...

What Are Adjustable-Rate Mortgages? Adjustable-rate mortgages (ARMs) are a type of home loan with an interest rate that changes periodically based on market conditions. The interest rate may increase ...

More homebuyers are turning to adjustable-rate mortgage loans to keep their payments affordable. It’s easy to understand why. The average rate for a 5/1 adjustable-rate mortgage (ARM) is 5.51%, ...

The average rate for an ARM so far this month is 5.51%, compared with a 6.19% average for a 30-year fixed rate mortgage The typical homebuyer using an ARM takes on a monthly payment of $2,578, down 7% ...

An adjustable-rate mortgage, or ARM, can seem like an enticing offer, as they often offer initially lower rates than the more standard fixed-rate mortgage. But later on, the rate is subject to change ...

The adjustable-rate mortgage is elbowing its way toward increased popularity among the affluent. While 30-year fixed rates are in the 6.1% range, the 5/1 ARM is currently hovering around 5.3%, ...

Experts say the adjustable-rate mortgage could offer short-term relief—but is it right for you?

Here are the average annual percentage rates today on 30-year, 15-year and 5/1 ARM mortgages: .