Once the darling of the mortgage industry, adjustable-rate mortgages are getting tougher to obtain. Savvy -- and qualified -- buyers, however, still may find them worth the hunt.
Adjustable-rate mortgages, known as ARMs, have been shouldering much of the blame for the housing crisis. In many cases it's for good reason: The loans, which adjust periodically after a set introductory rate, carry greater risks than fixed-rate mortgages.
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