Rates rise upon news of COVID-19 vaccines

Rates rise upon news of COVID-19 vaccines

A TitleAn adjustable-rate mortgage (ARM) is a loan that offers an initial period of fixed interest that then resets at a specified interval. Typically, you’ll see an ARM expressed as two numbers. For example, a 5/1 ARM has a fixed interest rate for the first 5 years that then adjusts based on market rates every…