The Impact of Interest Rate Fluctuations on Adjustable-Rate Mortgages
Overview Adjustable-rate mortgages (ARMs) are a popular choice for many homebuyers due to their initial lower interest rates compared to fixed-rate mortgages. However, the fluctuating nature of interest rates can have a significant impact on the long-term affordability and stability of these loans. Understanding how interest rate changes affect ARMs is crucial for borrowers to […]
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