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Adjustable-rate mortgages (ARMs) tend to become more popular as rates rise and borrowers look for ways to save on interest. When mortgage rates hit historic lows in 2021, ARM loans accounted for less ...
In 2021, more than 90% of borrowers who closed a loan with fintech mortgage lender Neat Loans opted for a 30-year fixed-rate mortgage. But this year, as rates have crested 6%, about 70% of Neat’s ...
An adjustable-rate mortgage (ARM) is a type of mortgage loan that has a variable interest rate that can increase or decrease over time. While an ARM typically starts off with a fixed rate, its rates ...
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After falling out of favor due to their role in the 2008 housing crash, adjustable-rate mortgages (ARMs) have gained popularity over the past few years. In a tight market with low inventory and higher ...
Learn about initial interest rates on adjustable-rate loans, how they work, and their benefits. Find out why they're lower ...
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Multitasking has evolved from using multiple applications simultaneously to using multi-monitor configurations for work, play, or entertainment purposes and is now a mainstream feature. There are even ...