With mortgage rates elevated, more borrowers are turning to adjustable-rate loans for relief. Adjustable-rate mortgages, or ARMs, made up about 10 percent of all mortgage applications in September — ...
Lauren Williamson is the Financial and Home Services Editor for the Hearst E-Commerce team. She previously served as Senior Editor at Chicago magazine, where she led coverage of real estate and ...
Adjustable-rate mortgages are gaining popularity in Washington, and especially in King County, with home prices and interest ...
If you remember the 2008 housing crash, “adjustable-rate mortgages” might still conjure predatory lenders and underwater homeowners. That association isn't just earned — it's backed by staggering ...
The adjustable-rate mortgage is elbowing its way toward increased popularity among the affluent. While 30-year fixed rates are in the 6.1% range, the 5/1 ARM is currently hovering around 5.3%, ...
The loans faded from popularity after helping fuel the 2008 financial crisis, but now high mortgage rates have more borrowers turning to them.