After notching a four-month low early last week, 30-year mortgage rates inched up a bit and are now wavering. Rate movement ...
So with a 5/1 ARM, for example, your mortgage rate will remain fixed for the first five years you have the loan, and then it will change once a year after that. ARM terms are typically 30 years.
Mortgage rates might remain level for the first two-thirds of March. But they could rise after March 19, when the Federal ...