As Mortgage Rates Rise, Here’s Exactly How More Homebuyers Are Snagging Mortgage Rates Around 4%

MarketWatch, July 1, 2022–Alisa Wolfson
ARMs are making a comeback as housing affordability challenges and rising mortgage rates drive more home buyers to adjustable-rate mortgages. Mortgage Bankers Association data shows the ARM share of applications now stands at over 10%, compared to less than 4% at the beginning of this year.
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