Why is an arm a bad idea?

Updated date: Tuesday, July 8, 2025 - 19:43
Why is an arm a bad idea?

Mortgage Guide

Adjustable-rate mortgages aren't for everyone, and can be a very bad idea for some people. ... The advantage of an ARM is an apparently lower initial interest rate and smaller monthly payment, but there are a few scenarios where an ARM can be less than ideal.

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