Homebuyers in the Houston area are seeking ways to make homeownership more affordable during the busy summer season. With mortgage rates remaining high, some are considering adjustable-rate mortgages. These mortgages offer a lower interest rate than traditional fixed-rate loans for an initial period.

The details of adjustable-rate mortgages are being explored in a weeklong series by KPRC 2. According to the series, an adjustable-rate mortgage typically has a lower interest rate for a set period, such as the first five years.

Further information on adjustable-rate mortgages and their potential benefits is available from KPRC 2's series on navigating the homebuying process.