· The reason the interest rates on ARMs are so much lower than fixed-rate mortgages is because the lenders don’t have to worry about getting stuck with a low-interest loan if rates go up over the next decade or two. But if you’re going to be a short-time owner, long-term rates aren’t going to be an issue for you either. Why ARMs got a bad rap

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Best 15 Year Mortgage Interest Rates Today’s Ten Year Mortgage Rates. The types of fixed loans available in the market are 10 year fixed rates as well as 15, 20 and 30 year fixed rates. Unlike ARM loans which can have widely swinging rates & monthly payments, there is no tension for the homeowner who uses a FRM because he knows exactly what amount constitutes the interest and.

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