What is an ARM?
What does the ARM Process Look Like?
Who are ARM’s Best Suited For?
An ARM may be a good option for someone who doesn’t plan to stay in their home for the long term. Since the interest rate on an ARM can change over time, it’s a good idea for people who plan to move or sell their home within a few years. It’s important to remember that if interest rates rise, your monthly payments could go up as well, so be sure to factor that into your decision-making process.