Fannie Adjustables Dive to 1.75% for First 5-10 Years

Orange County Register, Apr. 15, 2021–Jeff Lazerson
Fannie Mae is offering a call to ARMS to keep payments as affordable as possible. Rates for adjustable-rate mortgages, or ARMS, might be running more than 1% lower than those for a 30-year fixed. Specifically, these are 30-year mortgages with an option to lock in your interest rate for the first five, seven or 10 years. (MBA mention)
https://www.ocregister.com/2021/04/15/fannie-adjustables-dive-to-1-75-for-first-5-10-years/