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.

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.

This story was originally published by cnbc.com. Use the link below to read the full article at the source.

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