As Rates Go Up, Buyers “Adjust,’ Opting for ARMs

FYI: MBA: Demand for adjustable-rate mortgages has reached a 14-year high. At the beginning of the year, ARMs made up 3% of all loans; now it’s 11%. http://dlvr.it/SQs0ctGuillermo Sanjurjo Realtor® [[ This is a content summary only. Visit my website for full links, other content, and more! ]]
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