Adjustable-Rate Mortgages Are A Relative Bargain Today
Adjustable-rate mortgages are a relative bargain as compared to fixed-ones.
Comparing Mortgage Rates For Adjustable- And Fixed-Rate Mortgages
Currently, relative to fixed rate mortgages, ARM pricing is excellent. Freddie Mac's weekly Primary Mortgage Market Survey puts the 5-year ARM mortgage rate lower than the 30-year fixed rate mortgage rate by 1.02 percent.