Is a 7 year arm a good idea? A 7-year adjustable rate mortgage (ARM) could lower your monthly expenses and give you options down the road. ... But an 7-year ARM could be a good risk for mortgage consumers. It offers low rates, and two additional years of fixed payments compared to the more popular 5-year ARM
Is buying mortgage points worth it? Mortgage Guide Paying points to get a lower rate on a mortgage is almost always a losing proposition. That's because most ho... more