Mortgage

QWhat Gives Me The Best Protection From Rising Rates On An Adjustable Rate Mortgage?
AThe index does. The longer the term of the index your adjustable rate mortgage (ARM) is tied to, the more you are protected from short-term interest-rate fluctuations. For example, an ARM with a six-month Treasury bill index will be more volatile than one with a one-year index. Research several ARM options before you make a choice.