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3 days agoAdjustable-Rate Mortgages Caused Trouble in 2008. They're Worrying Experts Again | KQED
As the country reemerged from the coronavirus pandemic lockdown in 2021- when the COVID vaccine finally arrived, TikTok reached 1 billion downloads and Adele finally released new music - the housing market also saw its own interesting development. That year, banks offered some of the lowest interest rates seen in over a decade for a type of housing loan known as an adjustable-rate mortgage.
Real estate
