The main benefit of an ARM is that you can often snag a lower rate than you would with a fixed-rate mortgage. But ARMs can be risky because your monthly payment could increase if your rate goes up.

How an Offset Mortgage Works Offsetting a mortgage is a financial strategy that involves using savings to reduce the interest ...

If you're thinking about getting one, it's important to understand the risks. Subprime mortgage definition A subprime mortgage is a type of mortgage offered to borrowers with low credit scores or ...