Understanding Adjustable-Rate Mortgages: ARMs Simplified

Thinking about an adjustable-rate mortgage (ARM)? Learn how ARMs work, their pros and cons, and whether they’re the right choice for you. This easy-to-understand guide breaks down the basics using simple analogies, explains key terms, and highlights what many homebuyers don’t realize about ARMs. Discover how an ARM could help you save money—or if a fixed-rate mortgage might be a better fit. Read more to make an informed decision on your home loan!