An Adjustable Rate Mortgage (ARM) offers an alternative to traditional fixed-rate mortgages, with an interest rate that varies over time. While fixed-rate mortgages maintain the same interest rate throughout the loan term, ARMs feature initial interest rates that are typically lower, making them an attractive choice for various situations. If you plan to own your home for a short period, anticipate higher earnings in the future, or find current fixed mortgage rates unappealing, an ARM could be a suitable option to explore. Our experienced team at River Mortgage will guide you through the various considerations and help determine if an ARM aligns with your financial objectives.