Discover what a variable-rate mortgage is, how it works, and the benefits and risks involved. Learn how rates adjust and what ...

Adjustable-rate mortgages made headlines in 2008 for being a factor in the housing crisis. Since the pandemic, these loans have seen a comeback and financial experts are warning borrowers who will see ...

ARMs are at their highest levels since 2008 — yet while post-crisis reforms made them less predatory, they aren’t without ...

Lauren Williamson is the Financial and Home Services Editor for the Hearst E-Commerce team. She previously served as Senior Editor at Chicago magazine, where she led coverage of real estate and ...

Pros. Principal balance is reduced relatively rapidly compared with longer-term loans. The 15-year fixed-rate loan permits you to own your home debt-free in half the time, and for less than half the ...

A fresh Monday update on average mortgage rates is steering home shoppers to look closely at adjustable-rate mortgages as the ...

ARMs often start at lower rates, but monthly payments can rise over time Adjustable-rate mortgages peaked at 35% of mortgage applications in 2005 Today's environment is vastly different for several ...

ATLANTA — The number of homeowners seeking to refinance their homes has surged by 60% from last week, according to the Mortgage Bankers Association. Channel 2 consumer investigative reporter Justin ...

“When you get a fixed-rate mortgage, it's like buying insurance against inflation, and you're paying for that insurance over the whole life of the mortgage,” one expert told us. The real estate market ...

Mortgage interest rates just fell to an 11-month low last week and they are likely to continue to fall in the weeks ahead. With a Federal Reserve rate cut all but a certainty now (the dispute lies ...

A hybrid mortgage combines the stability of a fixed-rate mortgage with the flexibility of an adjustable-rate mortgage (ARM). This type of mortgage offers a fixed interest rate for an initial period, ...