Adjustable-Rate Mortgages Surging In Popularity In US

As interest rates continue to surge, more homebuyers are seeking ways to lower their mortgage payments. Adjustable-rate mortgages, or ARMs for short, are one tool homebuyers are considering to reduce costs, however, they do not come without risk. The rates adjust after the introductory period, going up or down. But today’s ARMs are different from the ones popular before the housing crash of 2008 – they limit how often mortgage rates may be adjusted and have caps on annual increases. » Subscribe to NBC News: http://nbcnews.to/SubscribeToNBC » Watch more NBC video: http://bit.ly/MoreNBCNews NBC News Digital is a collection of innovative and powerful news brands that deliver compelling, diverse and engaging news stories. NBC News Digital features NBCNews.com, MSNBC.com, TODAY.com, Nightly News, Meet the Press, Dateline, and the existing apps and digital extensions of these respective properties. We deliver the best in breaking news, live video coverage, original journalism and segments from your favorite NBC News Shows. Connect with NBC News Online! NBC News App: https://smart.link/5d0cd9df61b80 Breaking News Alerts: https://link.nbcnews.com/join/5cj/breaking-news-signup?cid=sm_npd_nn_yt_bn-clip_190621 Visit NBCNews.Com: http://nbcnews.to/ReadNBC Find NBC News on Facebook: http://nbcnews.to/LikeNBC Follow NBC News on Twitter: http://nbcnews.to/FollowNBC #ARM #RealEstate #Mortgage

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