How adjustable-rate mortgages really move
Primary sources
In brief
Fixed vs. Adjustable-Rate Guide relies on the CFPB's ARM handbook and answers, the Loan Estimate explainer and the New York Fed's SOFR data.
Last reviewed against the primary sources listed below.
Review
Sources are re-read when a page is reviewed.
Primary sources
- CFPB: Consumer Handbook on Adjustable-Rate Mortgages (CHARM booklet)
- CFPB: For an ARM, what are the index and margin, and how do they work?
- CFPB: What are rate caps with an ARM, and how do they work?
- CFPB: Fixed-rate vs adjustable-rate mortgages
- CFPB: Loan Estimate explainer
- Federal Reserve Bank of New York: Secured Overnight Financing Rate data