Adjustable-rate mortgages, or ARMs, are home loans with fluctuating interest rates. The main difference between adjustable- and fixed-rate mortgages is that fixed-rate mortgages keep the same rate for ...

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 starts ...

“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 ...