If you’re like me, you might initially be wondering, aren't adjustable mortgage rates risky and unpredictable? The truth is, they can be, but sometimes adjustable mortgage rates can be a strategic option. Here’s how. With a 5- or 7-year adjustable rate mortgage (ARM), you are locked into a rate for a certain number of years (i.e. 5 or 7), and after that you transition into an adjustable rate. In a situation where you plan to stay in your home for longer than that timeframe, p