Thousands of homeowners face adjustable-rate mortgage resets — and much higher payments
Adjustable-rate mortgages with low introductory interest rates are facing their first adjustment at a time when rates are much higher, according to new data.
CNBC reports: Adjustable-rate mortgages with low introductory interest rates are facing their first adjustment at a time when rates are much higher, according to new data.
This business story centres on the United States.
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- United States · Americas
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- CNBC
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- Business
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