How adjustable-rate mortgages could backfire on homeowners
Many Americans took advantage of historically low mortgage rates during the pandemic. But for homeowners who opted for adjustable-rate mortgages, those savings might not last. As mortgage rates continue to remain elevated, hundreds of thousands of borrowers are soon nearing the end of their introductory fixed-rate periods, putting them at risk of higher monthly payments.Categories
Recent Posts
Compass CEO: Upward price pressure is easing and buyers have more negotiating power
Thousands of homeowners face adjustable-rate mortgage resets — and much higher payments
BlackRock and Baillie Gifford bet big on Icon 3D printed homes
3D-printed housing company Icon raises $200 million at a $1.4 billion valuation
Property Play: Saint-Gobain CEO Benoit Bazin on AI, data centers and the benefits of going 'multi-local'
We left the U.S. to buy a home in Spain for only $72,000. Take a look inside
Trump appoints committee to investigate statements by the Fed's Lisa Cook
Wall Street is pitching data centers as a major real estate bet. The risks are piling up
Want Your Listing to Hit the Jackpot?
GET MORE INFORMATION
Tim Zielonka
Managing Broker / Realtor License ID: 471.004901
+1(773) 789-7349 | realty@agenttimz.com