The other day I wrote about how adjustable-rate mortgages might soon make a comeback, given how high fixed mortgage rates have become. Now that the popular 30-year fixed is priced in the 7-8% range, some home buyers might be looking at alternative products. This may include the 5-year or 7-year ARM, both of which provide… Read More »What Are Caps on Adjustable-Rate Mortgages?
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