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

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

   Adjustable-rate mortgage pros and cons. ... Often, the rates on ARMs are tied to the yield on one-year Treasury bills, the 11th District cost of funds index (COFI) or an index called the Secured ...

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

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

   5/6 and 5/1 ARMs: 5/6 and 5/1 ARMs offer a fixed intro rate for the first five years of the mortgage, then switch to an adjustable rate for the remaining 25 years. 5/6 ARMs adjust every six months ...

4. Fixed vs. adjustable-rate mortgage (ARM): What’s the ... - AOL

   www.aol.com/finance/fixed-vs-adjustable-rate...

   How adjustable-rate mortgages (ARMs) work. An adjustable-rate mortgage has an interest rate that changes at set intervals after a fixed-rate introductory period. Intro periods are most commonly ...

5. 1 in 4 First-Time Home Buyers Today Are Considering an ... - AOL

   www.aol.com/1-4-first-time-home-100015239.html

   Here are a couple of pros and cons to be aware of if an adjustable-rate mortgage is on your radar. Pro No. 1: You can get a lower starting interest rate The average 30-year mortgage rate as of ...

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

   www.aol.com/finance/7-1-adjustable-rate-mortgage...

   Pros and cons of a 7/1 adjustable-rate mortgage Pros of a 7/1 ARM. Cheaper at first: Interest rates for a 7/1 ARM can be a full percentage point below a 30-year fixed mortgage. That means lower ...

7. Pros and Cons of Adjustable-Rate Mortgages as ... - AOL

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

   Demand has tripled for adjustable-rate mortgages as Americans grapple with surging costs for home loans with rates fixed for 30 years.