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

Adjustable mortgages have lower interest rates — at first. But be ready when it resets.

Understanding Variable-Rate Mortgages: Pros, Cons, and How They Work

Discover what a variable-rate mortgage is, how it works, and the benefits and risks involved. Learn how rates adjust and what ...

More homebuyers are opting into a risky type of mortgage in an attempt to save money

More borrowers are turning to adjustable-rate mortgages as mortgage rates rise. But ARMs aren't right for everyone, and they come with risks.
Business Wire

Today’s Homebuyers Save $150 a Month By Choosing an Adjustable-Rate Mortgage—The Biggest Discount Since 2022

SEATTLE--(BUSINESS WIRE)--The typical homebuyer would save $150 per month taking out an adjustable-rate mortgage (ARM) instead of a 30-year fixed rate mortgage, according to a new report from Redfin, ...
Seattle Times

WA homebuyers increasingly turn to riskier adjustable-rate mortgages

With persisting high mortgage rates and home prices, more Washington homebuyers — especially in King County — are turning to a riskier type of loan that was last popular leading up to the 2008 ...

Compare Current Mortgage Rates Today - August 5, 2026

The average 30-year fixed mortgage rate was 6.84% on Tuesday, August 4. The 20-year fixed mortgage rate was 6.77%, the ...

Mortgage refinance rates today, July 15, 2026: Latest 30-year, 15-year, ARM and VA refinance rates

Mortgage refinance rates, check the latest refinance rates for July 15, 2026, compare loan options, and see how fixed and ARM mortgages affect monthly payments.