Adjustable-rate mortgages are back — but it’s not like 2008

Adjustable-rate mortgages are back — but it’s not like 2008

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe

Wednesday, October 5, 2022

Today’s newsletter is by Janna Herron, Yahoo Finance’s personal finance editor. Follow Janna on Twitter @JannaHerron.

The share of borrowers applying for an adjustable-rate mortgage neared 12% at the end of September, according to the latest data available from the Mortgage Bankers Association. That’s the largest share…


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