If you're confident you will want to sell the home during that first loan term, you stand to gain from the lower initial interest rates of an ARM. (smartasset.com)
Variable rate loans can often be tempting because the banks generally offer you a lower initial interest rate on them. (lendedu.com)
Generally speaking, lenders charge a lower initial interest rate for the ARM than for the fixed rate mortgage. (torilsellshouses.com)