The Case for Adjustable Rate Mortgages in Today's Low Inflation Economy As inflation rates remain low and interest rates hover near historic lows, homebuyers and investors are reassessing their mortgage options.
While fixed rate mortgages have long been the default choice, adjustable rate mortgages (ARMs) are gaining traction as a viable alternative.
Understanding Adjustable Rate Mortgages Basics An ARM is a loan where the interest rate can change periodically based on market conditions.