Instead of a 30-year fixed loan, an ARM may make more sense in this market.

**Rates may have changed since the filming of this video**

Does it make sense to consider an adjustable-rate mortgage (ARM) in today's market instead of a 30-year fixed conventional?

Our market has changed a lot in the past several years. We stopped talking about adjustable-rate mortgages for a while because it made more sense to take advantage of our low interest rates. 

However, the market has changed dramatically. Just this past week, the average rate for a 30-year fixed mortgage hit 4.86%, while a 5:1 ARM was at 3.35%. If you want to be able to afford more in this competitive market, that 1.5% difference can be a massive help.

If you have any questions, don’t hesitate to reach out to me by phone or email. I'd love to chat with you about adjustable-rate mortgages and how they might be a good fit for you.