[New post] Demand for adjustable rate mortgages doubles

Myra Spano, Real Estate Advisor posted: " Demand for adjustable-rate mortgages is soaring. The share of mortgage applications with ARMs more than doubled last week compared to three months ago, according to a report by the Mortgage Bankers Association. Unlike the more popular fixed-rate mortgag" Demand for adjustable rate mortgages doubles Myra Spano, Real Estate Advisor May 1 Demand for adjustable-rate mortgages is soaring. The share of mortgage applications with ARMs more than doubled last week compared to three months ago, according to a report by the Mortgage Bankers Association. Unlike the more popular fixed-rate mortgage, ARMs start at one rate and then fluctuate after a set period of time. Buyers can lock […] Read more of this post Comment Like You can also reply to this email to leave a comment. Unsubscribe to no longer receive posts from Myra Spano's Blog - The Real Estate Savvy. Change your email settings at manage subscriptions. Trouble clicking? Copy and paste this URL into your browser: https://therealestatesavvy.wordpress.com Powered by WordPress.com