Matt Richardson is the senior managing editor for the Managing Your Money section for CBSNews.com. He writes and edits content about personal finance ranging from savings to investing to insurance.

A fresh Monday update on average mortgage rates is steering home shoppers to look closely at adjustable-rate mortgages as the ...

If you're looking to finance a home purchase, you've probably seen options for adjustable-rate mortgages (ARMs). ARMs are a popular choice, especially for borrowers hoping mortgage rates will go down.