Is an Adjustable-rate Mortgage the Cure for Today’s Homebuyer Blues?
The recent announcement from the Federal Reserve that they raised The Fed Fund Rate by 25 basis points has been part of what refueled borrowers’ interest in adjustable-rate mortgages (ARMs), along with the rising mortgage rate environment. The volume of ARM mortgage applications increased for the third straight week last week, according to the Mortgage …
Is an Adjustable-rate Mortgage the Cure for Today’s Homebuyer Blues? Read More »