Adjustable-Rate Mortgages: Are ARMs Making a Comeback?

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Amidst elevated interest rates and shifting economic conditions, home buyers are re-evaluating their mortgage options. One mortgage product that’s regaining momentum is the adjustable-rate mortgage (ARM) — a loan type that may be considered risky but now offers potential savings and flexibility. So, are ARMs making a comeback in the U.S.? The data says yes, and the reasons are worth exploring. This guide will dive into trends surrounding ARMs, the benefits they may offer, and the types of borrowers who might benefit most.