Adjustable-rate mortgages (ARMs) come with an interest rate that changes at predetermined intervals, such as annually or semi-annually. ARMs typically have a low introductory rate, which translates to ...

Adjustable rate mortgages (ARMs) make homeownership more accessible for some borrowers. They offer the advantage of a lower interest rate for an introductory period, making the monthly mortgage ...

Demand for adjustable-rate mortgages (ARMs) is growing as interest rates on conventional home loans surge and as people seek an affordable on-ramp for buying a home. The average interest on a 30-year ...

The typical monthly payment on a median-priced $439,450 home at today’s 6.56% mortgage rate is roughly $2,236. (That’s assuming a 20% down payment and excluding tax and insurance.) Last week, a median ...

Still, the number of Americans turning to these riskier loans has climbed sharply. The share of homebuyers using ARM loans has more than tripled over the past five years, according to the Mortgage ...

Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...

Most homeowners in the U.S. who took out adjustable-rate mortgage loans are likely to see a spike in their monthly payments soon. Adjustable-rate mortgages (ARM) are loans with an interest rate that ...