Is it time to reconsider the adjustable rate mortgage?

High mortgage rates are causing homebuyers to reconsider adjustable-rate mortgages as an alternative to the traditional 30-year fixed-rate loan. This episode of The Indicator examines whether ARMs could be a smarter financial move in today's economy, weighing the potential savings against the risks of future rate adjustments. The show explores when an ARM might be appropriate, such as for buyers planning to move or refinance in the short term, and what safeguards exist to protect against dramatic payment increases.