Adjustable Rate Mortgages are in higher demand, according to a recent article in The Washington Post. An Adjustable-Rate Mortgage (ARM) is a mortgage that starts out with a low-interest rate. See, the first part of an ARM is lower than the rate for a 30-year fixed-rate loan. This is a very tempting concept and one that some homebuyers just can't resist. ARMs can be incredibly helpful for some people, but for others, there is danger lurking. Financial danger that it, of course. According to … Continue reading...