Adjustable rate mortgages have interest rates that can change over time. Here is how an ARM works. Some or all of the mortgage lenders featured on our site are advertising partners of NerdWallet ...

When mortgage rates are high, borrowers often turn to adjustable-rate mortgages to save money. Check out today's ARM rates to see how rates are currently trending. What are current ARM rates?

Drazen Zigic / Getty Images A 5/6 hybrid adjustable-rate mortgage (ARM) has a fixed interest rate for the first five years, after which the interest rate can change every six months. A 5/6 hybrid ...