Is Now a Good Time to Consider an Adjustable-Rate Mortgage (ARM)?

The Mortgage Reports Podcast

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1+ y ago 9:36

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In this episode, mortgage expert Ivan Simental NMLS# 1762746, explores the benefits and drawbacks of adjustable-rate mortgages (ARMs) in the current economic climate. They discuss how ARMs differ from fixed-rate mortgages, and how they can be a good option for certain borrowers who are looking for lower initial payments or who plan to sell their home before the rate adjusts. Ivan also offers advice on how to determine whether an ARM is the right choice for a particular borrower's financial situation, taking into account factors such as the current interest rate environment and the borrower's plans for the future.
>> Read the article "Adjustable-rate mortgage guide: How ARM loans work"
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