10/19/2022
All about Mortgages A To Z: 'A' For Adjustable Rate Mortgage (ARM) - A type of mortgage loan that has an interest rate and monthly payment that will change over time. Typically, it has a fixed rate for several years and then the rate changes annually. There are advantages and disadvantages to both fixed and adjustable rate loans and Tradition's experienced Loan Officers will help you through choosing what's right for you.