Tag: adjustable-rate mortgages
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Trump Administration Intervenes in U.S. Bond Market. How Will This Impact Home Buyers?
It seems that ever since COVID struck, inflation just won’t let up. Interest rates on U.S. bonds (the “yield” you get from investing in a government bond) are also pressing higher. As long as yields on bonds climb upward, analysts say, borrowing costs will also stay high. This is especially likely for long-term, fixed-rate loans.…
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Are Risky Mortgages Making a Comeback? Here’s What We All Must Know.
Adjustable-rate mortgages (ARMs) can be helpful financial tools. They can also create trouble when the rate adjusts upward. Since the pandemic, adjustable-rate mortgage loans have seen a comeback. And some market watchers are becoming concerned. As one headline put the point this month: Adjustable-Rate Mortgages Caused Trouble in 2008. They’re Worrying Experts Again.
