History Shows That Adjustable-Rate Mortgages Pay Off For Homebuyers Most of the Time

Over the past half-century, homebuyers would have saved money by choosing an ARM about 70% of the time, thanks to later opportunities to refinance into a lower 30-year fixed rate. Over the last 50-plus years, it has made financial sense for homebuyers to take out an adjustable-rate mortgage (ARM) rather than a 30-year fixed rate […] The post History Shows That Adjustable-Rate Mortgages Pay Off For Homebuyers Most of the Time appeared first on Redfin Real Estate News .