ARMs race: adjustable-rate mortgages make a comeback
Housing Wire
JUNE 15, 2022
In a tight housing market with a shortage of inventory and soaring rates, many homebuyers are opting for ARMs, which carry lower rates for an initial period of fixed interest and amortize over a 30-year term. . Not a one-size fits all”. For the next six months, we expect ARMs to have some popularity,” said Johnson.
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