Thousands of homeowners face adjustable-rate mortgage resets — and much higher payments
Adjustable-rate mortgages with low introductory interest rates are facing their first adjustment at a time when rates are much higher, according to new data.
Adjustable-rate mortgages with low introductory interest rates are facing their first adjustment at a time when rates are much higher, according to new data. This story matters for Finance & Markets readers tracking finance. Reported by cnbc.com. Read the full original at the source link below.
Originally reported by cnbc.com. FundingWire.com curates and briefs the finance & markets stories that matter. Our editorial policy →
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