Better rates now. Bigger savings in the long run.
Adjustable Rate Mortgages (ARM)
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A home loan with a low rate today that can lead to big savings in the long run
An Adjustable Rate Mortgage (ARM) comes with an initial fixed rate period for a certain number of years. After that, the mortgage changes to a variable rate.
Many homeowners choose ARMs because they provide significantly lower rates and more flexibility – right up front – than traditional loans… especially if you are not planning to be in the home for a long period of time.
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