Adjustable-Rate Mortgages Out of Favor as Super Low Rates Push Homebuyers Toward Fixed-Rate Loans
OC Register (Calif.)., Nov. 29, 2015–Lasner, Jonathan
Local homebuyers who took out a mortgage chose an adjustable-rate loan just 15 percent of the time on average in the first 10 months of this year, CoreLogic statistics show. That compares with 19.8 percent in 2014.
