Mortgage Rates Keep Climbing, Leading Some Buyers to Riskier Loans
The average 30-year, fixed-rate home loan rose to 7.28 percent, up from 6.34 percent a year ago. More buyers are now turning to adjustable-rate mortgages.
The average 30-year, fixed-rate home loan rose to 7.28 percent, up from 6.34 percent a year ago. More buyers are now turning to adjustable-rate mortgages.
This story was originally published by The New York Times. Use the link below to read the full article at the source.
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