When interest rates rise, homebuyers look for ways to make their purchases more affordable. And that means adjustable-rate ...

Adjustable rate mortgages can save you money upfront—find out how they work and what risks to consider before applying.

These are today's mortgage and refinance rates. Mortgage rates have been volatile recently, and they're up today.

Atlantic Union Bank is opening a new branch in Woodbridge and provides information on how to pick the right mortgage for your ...

rate to determine the fully indexed interest rate of an adjustable-rate mortgage (ARM). ARMs are one of the most common variable-rate credit products offered in the primary lending market.

The difference between a fixed-rate and an adjustable-rate mortgage Most mortgages are offered as a fixed-rate loan, with an interest rate that remains static, or as an adjustable-rate mortgage ...

The monthly payment on an adjustable-rate mortgage can increase if the loan's interest rate goes up. Once the introductory fixed rate expires, ARM rates are subject to movements in financial markets.

You’ll typically need a down payment of at least 3% to 5% for a conventional ARM loan. Don’t forget that a down payment of less than 20% will require you to pay private mortgage insurance (PMI).

You can also refinance to swap an adjustable-rate mortgage for a fixed-rate loan. CNBC Select has chosen the best lenders for a refinance mortgage in a number of categories. (See our ...

“In an increasing interest rate environment, it’s a smart way to convert an adjustable-rate mortgage to a fixed-rate mortgage before rates climb further,” says Sean Wilkoff, an assistant professor of ...