ARM

A lower interest rate can drop your mortgage payment and boost your home-buying budget. These loan types offer lower rates in today's market.

Choosing an adjustable-rate mortgage (ARM) instead of fixed-rate loan can be a great way to save money on your loan. But, is it really your best choice?

With today's mortgage rates low, and for the right buyer, a 5-year ARM may be the more suitable option as compared to the 30-year fixed-rate mortgages.