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.
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NerdWallet on MSNMarch Mortgage Outlook: Hostile Rates, but Friendly Price CutsMortgage rates might remain level for the first two-thirds of March. But they could rise after March 19, when the Federal ...
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