Hunker
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With interest rates on the rise, many homeowners and hopeful homebuyers are looking for alternative ways to lower their costs. Enter the adjustable-rate mortgage, or ARM. ARMs are known for their lower introductory rate, making them a great option for those who are looking to save a few bucks up front or people who may need a lower monthly payment to qualify for a mortgage in the first place. All of these benefits may have some people asking if ARMs are too good to be true. According to the experts we spoke with, that all depends on exactly what you intend to do with your home down the line.

https://www.hunker.com/13773167/what-is-an-adjustable-rate-mortgage