AdjustableRateMortgage.org
About AdjustableRateMortgage.org
Adjustable Rate Mortgages (also called ARMs) feature an interest rate that periodically adjusts with changing market rates. Adjustable Rate Mortgages are available in government (FHA & VA), conforming and jumbo loan amounts. The ARM allows you to take advantage of lower interest rates in a falling rate environment, and you'll benefit from lower monthly payments. The initial interest rate on an ARM is usually lower than the lifetime interest rate on a fixed-rate mortgage (FRM).
