A hybrid adjustable-rate mortgage is a type of mortgage that has an initial fixed interest rate period followed by an ...
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 ...
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 ...
ATLANTA — The number of homeowners seeking to refinance their homes has surged by 60% from last week, according to the Mortgage Bankers Association. Channel 2 consumer investigative reporter Justin ...
With the Federal Reserve cutting its benchmark rate, some homebuyers may wonder whether mortgage rates will follow — and whether an adjustable-rate mortgage could offer a cheaper way to get into a ...
More homebuyers are turning to adjustable-rate mortgage loans to keep their payments affordable. It's easy to understand why.