NOTICE as of January 10, 2014: No orders can be accepted for these items at this time since new editions of the Consumer Handbook on Adjustable-Rate Mortgages (ARM) and What You Should Know About Home Equity Lines of Credit are coming soon! Check this page for availability.
This official handbook from The Federal Reserve Board and the Consumer Financial Protection Bureau provides consumers with an overview of Adjustable-Rate Mortgages (ARMs), explains how ARMs work and discusses some of the issues borrowers my face. Includes: Ways to reduce the risks associated with ARMs; Pointers about advertising and other sources of information, such as lenders and other trusted advisers; A glossary of important ARM terms; A worksheet that can help you ask the right questions and figure out whether an ARM is right for you.
