Comment on Adjustable mortgages out of favor as super low rates push homebuyers towards fixed-rate loans

Adjustable mortgages out of favor as super low rates push homebuyers towards fixed-rate loans

In an era when housing affordability is severely strained, why isn’t the adjustable-rate mortgage more popular with Orange County house hunters? Local homebuyers who took out a mortgage chose an adjustable-rate loan just 15 percent of the time on...

 

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