Borrowers Opting for ARMs Are Wealthier Than Before
Adjustable-rate mortgages (ARMs), an attractive option for borrowers on account of their low initial interest rates, are becoming more popular ...
Tag: Adjustable-Rate Mortgage
Affordability Crisis Boosts Borrower Appetite for ‘Riskier’ Loan Products
As the housing affordability crisis persists, aspiring homeowners have developed a larger appetite for riskier mortgage products that can lighten ...
Phaseout of LIBOR Could Impact Homeowners With Variable-Rate Mortgages
The controversial London Interbank Offered Rate (LIBOR) is set to phase out by 2021 after an international investigation revealed that ...
Three-Peat: Mortgage Rates Dip Again
Mortgage rates dipped this week, marking a three week-streak of declines after sailing past 4 percent at the end of ...
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