Daniel Liberto is a journalist with over 10 years of experience working with publications such as the Financial Times, The Independent, and Investors Chronicle. Doretha Clemons, Ph.D., MBA, PMP, has ...

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 ...

The Federal Open Market Committee’s (FOMC) series of rate hikes throughout 2022 and 2023 left ARM mortgage rates relatively high, but the time for rate cuts finally arrived in 2024. The Fed conducted ...

With over four years of experience writing in the housing market space, Robin Rothstein demystifies mortgage and loan concepts, helping first-time homebuyers and homeowners make informed decisions as ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She ...

Interest rates are rising, and that's bad news for homebuyers. The national average rate on a 30-year fixed mortgage is now over 5%. After being in the 2% range for much of the Covid era, buyers are ...

If you're looking to finance a home purchase, you've probably seen options for adjustable-rate mortgages (ARMs). ARMs are a popular choice, especially for borrowers hoping mortgage rates will go down.