Are Adjustable-Rate Mortgages About to Become Way More Popular?
August 27, 2015 by Admin
With the Federal Reserve hinting it may soon begin to boost short-term interest rates, will borrowers turn to ARMs to keep enjoying the rock-bottom mortgage rates they’ve grown accustomed to?
“Not in a big way,” said Ken Maes, an executive with Skyline Home Loans NW. “ARMs still have a negative perception.”
via Are Adjustable-Rate Mortgages About to Become Way More Popular? | Credit.com.