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2. Pros and cons of an adjustable-rate mortgage (ARM) - AOL

   www.aol.com/finance/pros-cons-adjustable-rate...

   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 ...

3. Adjustable-rate mortgages: What they are and how they work - AOL

   www.aol.com/finance/adjustable-rate-mortgages...

   An adjustable-rate mortgage, or ARM, is a home loan that has an initial, low fixed-rate period of several years. After that, for the remainder of the loan term, the interest rate resets at regular ...

4. Adjustable-rate mortgages are making a comeback - AOL

   www.aol.com/adjustable-rate-mortgages-making...

   Meanwhile, the average rate for a kind of adjustable rate mortgage — a 5/1 ARM — dropped to 6.33% from 6.49%. (Freddie Mac, which provides an average that CNN covers weekly, does not track ...

5. Adjustable-rate mortgage - Wikipedia

   en.wikipedia.org/wiki/Adjustable-rate_mortgage

   Adjustable-rate mortgage. A variable-rate mortgage, adjustable-rate mortgage (ARM), or tracker mortgage is a mortgage loan with the interest rate on the note periodically adjusted based on an index which reflects the cost to the lender of borrowing on the credit markets. [1] The loan may be offered at the lender's standard variable rate/ base rate.

6. Housing: Adjustable-rate mortgages are coming back - AOL

   www.aol.com/finance/housing-adjustable-rate...

   “Today, lenders are much more careful about who they're giving mortgages to.” ... the average 5/1 adjustable-rate mortgage stood at 3.98% last week. ... The rate resets after a previously ...

7. What is a 5/1 adjustable-rate mortgage (ARM)? - AOL

   www.aol.com/finance/5-1-adjustable-rate-mortgage...

   The “5/1” refers to the length of the fixed-rate period and the frequency of rate changes, respectively. The “5” is the fixed-rate period of the mortgage — the first five years. The “1 ...