The Rise of Adjustable-Rate Mortgage (ARM)

Adjustable-rate mortgages (ARMs) are becoming more popular as they offer interest rates that can vary over time, unlike fixed-rate mortgages which have a constant rate throughout the term. While ARMs can benefit borrowers when interest rates fall, they also pose the risk of increased payments if rates rise, making it crucial to understand how these fluctuations impact both interest and principal payments. Learn more.

The Rise of Non-Bank Mortgage Lending

The rise of non-bank mortgage lending is driven by factors like high-risk loan opportunities for borrowers with poor credit scores and the flexibility in qualification criteria offered by non-traditional lenders. These lenders cater to diverse borrower needs, providing tailored solutions outside the conventional banking system. Learn more.