Demand Up for Risky Adjustable-Rate Mortgages

Sean Marshall
By Sean Marshall
October 13, 2022NTD Businessshare

And as rates climb higher, mortgage demand is dropping as affordability reduces. However, the riskier adjustable rate mortgages (ARMs) are still attracting borrowers. Senior mortgage industry analyst at Bankrate, Ted Rossman, provides some precaution to would-be borrowers.

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