#adjustable-rate-mortgages

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fromwww.housingwire.com
2 days ago

ARMs, government loans are the hottest things in mortgage

When looking at dollar volume, ARMs represented about 20% of all applications, highlighting a clear shift towards adjustable-rate mortgages as borrowers seek better financial terms.
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fromBusiness Insider
1 month ago

More homebuyers are opting into a risky type of mortgage in an attempt to save money

The share of borrowers applying for adjustable-rate mortgages is at its highest level since November 2023.
ARMs offer lower initial interest rates, which may appeal to homebuyers seeking to reduce costs.
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