It's best to have an ARM with the longest adjustment interval available.

Question

Quizplus · Accepted Answer

It is generally recommended to have an ARM (Adjustable Rate Mortgage) with the longest adjustment interval available, as it can provide greater stability and predictability in payments over a longer term. This allows borrowers to better plan their finances and avoid potentially steep payment increases caused by frequent adjustments with shorter adjustment intervals.

It's Best to Have an ARM with the Longest Adjustment