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A hybrid adjustable-rate mortgage, or hybrid ARM (also known as "fixed-period ARMs"), blends the characteristics of a fixed-rate mortgage and a regular adjustable-rate mortgage. This type of mortgage.
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Get up to 5 Offers at LendingTree.com to see how much you can afford. True to its name, an adjustable-rate mortgage (ARM) loan has a mortgage rate that will change or adjust over time. This makes it very different from a fixed mortgage, which instead.
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An adjustable-rate mortgage, or ARM, is a home loan with an interest rate that can change periodically. This means that the monthly payments can go up or down.