March 16, 2025

Making It in the Bay

Mortgage

Homebuyers turn to riskier adjustable-rate mortgages – NBC Bay Area

As mortgage rates remain above 7%, some would-be homebuyers are looking for another option to help them buy: an adjustable-rate mortgage. Instead of a fixed-rate mortgage where you’re locked into a rate for the duration of your mortgage, an adjustable rate is one that can change as overall rates move, which means your monthly payment

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