BRIK Home Loans | Blog

What is an Adjustable Rate Mortgage (ARM)?

Posted by Andy Brikho on April 23, 2018

If you're buying a home in the near future, you're likely going to have to apply for a home loan to finance such a large purchase. While there are several types of mortgage programs available for you to choose from, a major decision to make is whether to lock in your interest rate or choose a mortgage with an adjustable rate so your monthly payment can adjust depending on the situation.


Topics: ARM, Mortgage Types