Demand for adjustable-rate mortgages surges, as interest rates jump

A ‘for sale’ sign hangs in front of a home on June 21, 2022 in Miami, Florida. According to the National Association of Realtors, sales of existing homes dropped 3.4%…

Why Adjustable-Rate Mortgages Are Still Risky

“Be aware, be educated before you jump in,” said Linda McCoy, president of the National Association of Mortgage Brokers. Here are questions and answers about adjustable-rate mortgages: What does it…

Adjustable-rate mortgage demand surges to 14-year high, as homebuyers try to afford this pricey spring market

A newly sold home is shown in Houston, Texas. Brandon Bell | Getty Images It could be more listings on the market, or perhaps just fear that interest rates will…

How to know if the popular adjustable-rate mortgage is right for you

Lifestylevisuals | E+ | Getty Images Adjustable-rate mortgages are making a comeback. With interest rates surging, more buyers are turning to ARMs, which offer lower initial rates than fixed-rate loans.…

Adjustable-rate mortgage demand doubles as interest rates hit the highest since 2009

Mortgage rates moved even higher last week, crashing refinance demand and prompting potential homebuyers to apply for riskier loan products which offer lower rates. Total mortgage application volume fell 8.3%…