
10/1 or 10/6 ARM vs. 30-year fixed-rate mortgage
Plan to stay in your house for 10 years or less? A 10/1 ARM may be a good choice.
Taylor Freitas is a Bankrate contributor with over a decade of professional journalism experience. Over her career, she has covered various topics, including personal finance, credit cards, travel rewards, home ownership, mortgages, and home improvement.
When she isn’t writing, Taylor can be found using points and miles to explore new countries (most recently, Cambodia and Vietnam), discovering new music, and cheering on her beloved USC Trojans.
Plan to stay in your house for 10 years or less? A 10/1 ARM may be a good choice.
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