Mortgage rates are the interest rates charged on home loans. When mortgage rates are lower, borrowers pay less money in interest over the course of their home loan. These rates can be significantly ...

The residential mortgage as we know it today is less than a century old. In fact, until the Federal Housing Administration (FHA) was established in 1934, only one in 10 Americans even owned a home.

FHA adjustable-rate mortgages (ARMs) are insured by the Federal Housing Administration and are available as either fixed-rate or adjustable mortgages. FHA ARM loans offer a low initial interest rate ...