May 22, 2024

Factors That Affect Rate Changes On FHA Adjustable Rate Mortgages

The FHA offers a variety of different adjustable rate mortgage (ARM) programs (see Different Types of FHA Adjustable Rate Mortgages). Each borrower has unique needs to consider when deciding whether to take an FHA ARM or an FHA fixed rate mortgage product.  Both the fixed and adjustable rate mortgages have benefits and risks and a […]