Q: We hear that interest rates may drop soon, and we would like to refinance our currently high interest rate mortgage. What can you tell us about picking an adjustable rate vs. a fixed rate mortgage?

On Tuesday, a fresh snapshot of average mortgage rates put adjustable-rate mortgages back in the spotlight as buyers hunt for ...

Considerations include your credit score, how much money you’re borrowing, the value of your home, where your home is located and the size of your down payment.

Compare today’s best mortgage refinance rates, compiled from hundreds of loan offers and analyzed by Investopedia’s mortgage rate experts.

Adjustable-rate mortgages, or ARMs, can save you money when their starting rates are lower than fixed mortgages. In atypical economic conditions, ARM rates can be higher than fixed rates. When rates ...

More homebuyers are turning to adjustable-rate mortgage loans to keep their payments affordable. It’s easy to understand why. The average rate for a 5/1 adjustable-rate mortgage (ARM) is 5.51%, ...

Mortgage applications decreased 0.3% last week, but refinance activity rose 4% due to lower mortgage rates. The 30-year fixed rate dropped to 6.37%, encouraging more borrowers to refinance. AI Summary ...

Choosing a fixed interest rate means your monthly payment will be the same over the life of your loan Written By Written by Contributor, Buy Side Alene Laney is a contributor to Buy Side and an expert ...