Frequently Asked Questions:  Home Loans

Consumer Handbook on Adjustable-Rate Mortgages (CHARM) Booklet
To learn more about Adjustable-Rate Mortgages, the Federal Reserve Board and the Office of Thrift Supervision published the Consumer Handbook on Adjustable-Rate Mortgages. Click here to view the handbook.

Interest-Only Mortgage Payments and Payment-Option ARMs--Are They for You?
Whether you are buying a house or refinancing your mortgage, the Federal Reserve Board has published a booklet that can help you decide if an interest-only mortgage payment (an I-O mortgage)--or an adjustable-rate mortgage (ARM) with the option to make a minimum payment (a payment-option ARM)--is right for you. View booklet now.