--- title: Avadian Credit Union | Great Mortgage Rates and Service Q1 2023 --- [Skip to main content](https://promo.avadiancu.com/avadian-credit-union-arm-q1-2023#maincontent) # Is an Adjustable-Rate Mortgage Right for You? Are you in the market for a new home but worried about rising interest rates on mortgages? An adjustable-rate mortgage (ARM) can help. An ARM gives you a fixed interest rate for a predetermined number of years, followed by a variable rate with periodic adjustments after the fixed-rate period is over. The interest rate during the fixed-rate period could be lower than the rate you’ll find on a fixed-rate mortgage with a 30-year term, which is especially helpful in the current rising rate environment. Avadian offers 5/1, 7/1, and 10/1 ARMs, meaning the fixed-rate period is either five, seven, or 10 years, followed by adjustments to the variable rate based on the SOFOR index every year after that. And because the average tenure of homeownership in the United States is around eight years, many homebuyers will sell their home before they even reach the adjustable-rate portion of their mortgage. Of course, you can always refinance if you decide to stay in the home and rates are better at the end of your fixed-rate period. Want to talk with a Mortgage Loan Officer to see if an ARM is right for you? Set up a conversation today. Loans subject to membership, creditworthiness, and approval. Equal Housing Opportunity Lender.   ## Schedule a Talk Fill out the form today to schedule a talk with a Mortgage Loan Officer. Share [mailto:?subject=Avadian%20Credit%20Union%20|%20Great%20Mortgage%20Rates%20and%20Service%20Q1%202023&body=https://promo.avadiancu.com/avadian-credit-union-arm-q1-2023](mailto:?subject=Avadian%20Credit%20Union%20|%20Great%20Mortgage%20Rates%20and%20Service%20Q1%202023&body=https://promo.avadiancu.com/avadian-credit-union-arm-q1-2023) - [Important Phone Numbers](https://avadiancu.com/Important-Phone-Numbers) - [Careers at Avadian](https://avadiancu.com/Employment-Opportunities) - [Volunteer for the Board](https://avadiancu.com/Membership/About-Avadian/Volunteer-Board) - [Privacy Policy](https://avadiancu.com/Privacy-Statement) - [Credit Card Agreement](https://avadiancu.com/Portals/0/VisaFolderApp%20-%20credit%20card%20agreement.pdf?ver=2018-04-15-133942-400×tamp=1523817605434) - High Contrast Mode OnOff - [Online Services Terms and Conditions](https://avadiancu.com/Portals/0/Mobile_Service_Terms_Conditions.pdf?ver=2018-04-15-134129-353×tamp=1523817703616) - [Accessibility](https://avadiancu.com/Accessibility) - [NCUA Insured](https://avadiancu.com/Personal/Build/Safety-and-Soundness/Deposit-Insurance) - [Fee Schedule](https://avadiancu.com/Fee-Schedule) - [Member Discounts](https://avadiancu.com/Membership/Member-Services/I-Love-My-Credit-Union-Rewards) - [Site Index](https://avadiancu.com/SiteMapAVA) **Phone:** [888.282.3426](tel:888.282.3426) **Corporate Headquarters Mailing:** P.O. Box 360287 Birmingham, AL 35236-0287 Check us out on [![](https://promo.avadiancu.com/hs-fs/hubfs/facebook-new.png?noresize&width=25&height=25&name=facebook-new.png)](https://www.facebook.com/avadiancu) [![](https://promo.avadiancu.com/hs-fs/hubfs/twitter-new.png?noresize&width=25&height=25&name=twitter-new.png)](https://twitter.com/avadiancu) [![](https://promo.avadiancu.com/hs-fs/hubfs/rss-new.png?noresize&width=25&height=25&name=rss-new.png)](https://promo.avadiancu.com/blog.avadiancu.com?hsLang=en-us) [![](https://promo.avadiancu.com/hs-fs/hubfs/pinterest-new.png?noresize&width=25&height=25&name=pinterest-new.png)](https://www.pinterest.com/alabamatelco/) [![](https://promo.avadiancu.com/hs-fs/hubfs/instagram-new.png?noresize&width=25&height=25&name=instagram-new.png)](https://www.instagram.com/avadiancu/) The credit union is federally insured by the National Credit Union Administration. Additional insurance of up to $250,000 on your savings accounts is provided by Excess Share Insurance Corporation, a licensed insurance company. ![Equal Housing Lender](https://promo.avadiancu.com/hs-fs/hubfs/equal-housing-lender-smal.png?width=25&height=25&name=equal-housing-lender-smal.png) Equal Housing Opportunity Lender. Copyright © 2020 Avadian Credit Union. All rights reserved.