The Federal Open Market Committee’s (FOMC) series of rate hikes throughout 2022 and 2023 left ARM mortgage rates relatively high, but the time for rate cuts finally arrived in 2024. The Fed conducted ...

Interest rates are rising, and that's bad news for homebuyers. The national average rate on a 30-year fixed mortgage is now over 5%. After being in the 2% range for much of the Covid era, buyers are ...

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See ...

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 ...

Affiliate links for the products on this page are from partners that compensate us (see our advertiser disclosure with our list of partners for more details). However, our opinions are our own. See ...

If you're looking to finance a home purchase, you've probably seen options for adjustable-rate mortgages (ARMs). ARMs are a popular choice, especially for borrowers hoping mortgage rates will go down.