ARM savings Archives * RealtyBizNews: Real Estate Marketing & Beyond

ARMs offer tempting mortgage savings, but there’s a risk

May 26, 2022 by Mike Wheatley

A new study from Redfin shows that homebuyers could save an average of $260 per month if they purchase a home now with an adjustable-rate mortgage rather than a traditional fixed-rate loan. That would mean savings of more than $15,000 over the first five years of the loan. It’s a tempting number that explains why