Fixed vs Adjustable Rate Loans for Self-Employed Borrowers: Key Differences Explained
Fixed rates run 0.5–1.5% above initial ARM rates right now — a real cost difference when self-employed income docs can already shift your rate by 1.5 points.
Tag adjustable rate mortgage
Interest Rate Shock After a Rate Reset: What ARM Borrowers Should Do Before the Adjustment Hits
A $600 monthly payment spike is hitting ARM borrowers right now as 2019–2021 loans reset past 7%. Here's what to do before your adjustment date arrives.
Interest Rate Caps on ARMs: What They Are and Why They Matter More Than the Starting Rate
The 2004–2006 ARM boom wiped out $7 trillion in household wealth partly because of weak cap structures. Here's what to check before accepting any adjustable-rate mortgage.
Fixed Rate vs Adjustable Rate: The Break-Even Math Most Homebuyers Never Do
Learn about fixed vs adjustable rate mortgage. Discover the break-even math most homebuyers skip to decide which loan saves you more money long-term.
ARM vs Fixed Mortgage: Which Makes More Sense When Rates Are Falling?
A 5/1 ARM runs 0.5–0.75% below a 30-year fixed rate right now—enough to save thousands if you sell or refi within 5–7 years. Here's how to choose.
What Happens to Your ARM Rate When the Index It’s Tied to Gets Discontinued
Over $1.3 trillion in U.S. consumer ARMs were affected when LIBOR was phased out. Federal rules now require lenders to substitute a comparable index — here's how that works.