5/1 ARM vs. 5/6 ARM Loans – What is the Difference?
What to Know About 5/1 and 5/6 ARM Loans Elevated home prices and rising interest rates have renewed interest in home loans that can lower monthly mortgage payments, like adjustable-rate mortgages (ARM). If you’re shopping for a home, you owe it to yourself to understand this mortgage option. The most common type of these adjustable-rate […]