Adjustable-rate mortgages, explained

Interesting slide shows about the world Slideshow World by [ArcaMax](?ezine=782&r=ywfEbkXJ9p4V0_Z5VJTqdfVJ-0GL6_Y5GtZ8o69FQulDOjMyNzAwODM2NDpKOjIxMDQ3NzI6TDo3ODI6Ujo5OTY4MDQ6Vjo1NA) Sponsor [firstName]... What's Your Employment Situation? [You may be eligible to receive the newest $1400 Stimulus Check!]( Included when you signup: - Free Guide - Free, helpful information about unemployment assistance. - Helpful Information - Get clear information about how to apply for benefits. - Personalized Offers - We ask survey questions to connect you with offers. Our survey is optional and not required to get the free guide! To get started, [please follow this link.]( ** By clicking the links in this message you agree to share your email address with the advertiser in this message. [Adjustable-rate mortgages, explained]( Aine Givens [ Adjustable-rate mortgages, explained ]( [See full slideshow »]( Mortgage rates have been historically low for the last few years, but they are on the rise. As interest rates inch up, adjustable-rate mortgages often become more attractive for some homebuyers. With 30-year fixed-rate loans sitting at 4.67%, the highest interest rate since 2018, the rate on one popular adjustable-rate mortgage is 3.5%. As its name indicates, the interest rate a homeowner pays with an adjustable-rate mortgage changes over the life of the loan. After an introductory period, during which the rate is fixed and typically lower than that offered by a fixed-rate mortgage, the rate can go up or down. And that carries risk. Borrowers avoided adjustable-rate mortgages after the housing market crash in 2008, but guidelines put in place since then require lenders to consider homebuyers’ ability to repay mortgages over the entirety of the loan, not just at the introductory rate. In 2022, interest rates are rising as home prices continue to soar, so the centralized banking system in the United States—its Federal Reserve—has raised a key interest rate to try to bring inflation under control. To explain the mortgage market, real estate platform ZeroDown compiled a list of facts on adjustable-rate mortgages, including what they are, how they differ from fixed-rate mortgages, which factors affect interest rates and monthly payments in an adjustable-rate mortgage, and who can benefit from this type of mortgage. Visit thestacker.com for similar lists and stories. [Tweet It]( - [Facebook It]( Sponsor We All Love It and We're All Addicted To It... [7 Reasons We Love This Sugar Free Chocolate]( I have a big sweet tooth so I was so excited to find a company that creates high quality chocolate WITHOUT any sugar and that's actually good for you! They made sure you get all the health benefits of chocolate without the harmful effects of added sugar. They're called [Skinny Me Chocolate]( and they're offering all our subscribers a box of their finger licking chocolate - 100% Free. [Click and Try some - On Us today!]( [ Picture Of The Day Newsletter ] Picture Of The Day Newsletter Enjoy the most beautiful and interesting scenes in the world with a subscription to the Picture of the Day newsletter. High quality photos range from architecture and space exploration to nature shots and famous art works. [Instantly Subscribe Now]( -- From the ArcaMax editors httpss://ww2.liveintent.com/ad-choices.html More Slideshow World from ArcaMax.com - [10 things to know as a first-time foster pet parent]( - [10 ways companies are building connections in remote workplaces]( - [Timeline of Jewish history in the US]( You Might Like [Learn more about RevenueStripe...]( [Click To Unsubscribe]( | [Customer Service]( | [Privacy Policy]( | [California / Nevada Privacy Info]( 11830 Canon Blvd. Ste A, Newport News, Va 23606 Copyright © 2022 ArcaMax Publishing [Facebook]( [Twitter](/ArcaMax)