Mortgages explained: fixed-rate vs. adjustable
Borrowers contemplating the pros and cons of fixed-rate mortgages versus adjustable-rate mortgages should consider numbers compiled by Mortgage Bankers Association. Apparently, today's home buyers prefer fixed-rate mortgages, accounting for nearly 77 percent of all loans funded in 1997. Interest

Publication: Chicago Sun-Times

Freddie Mac: ARM share declines as hybrids grow in popularity.(Briefing Book)(adjustable-rate mortgage)
Greater lender discounts for introductory adjustable-rate mortgage rates and the increasing popularity of hybrid ARMs relative to one-year adjustable-rate loans has resulted in a decline in the share of ARMs in overall mortgage lending, according to a survey by Freddie Mac. Freddie's 23rd Annual

Publication: Mortgage Banking

As Fixed Rates Edge Higher, Adjustable Rate Mortgages Enjoy Renewed Popularity.
Byline: Gary T. Pakulski May 30--Eager to keep monthly payments low for a son for whom she bought a $70,000 residence in the Toledo suburb of Oregon, Pauline Schnell opted for a financing arrangement that has had little appeal for typical home buyers up to now. She chose an adjustable rate

Publication: Blade (Toledo, OH)

On Adjustable-Rate Mortgages, Buyers Should Beware.
Byline: Rebecca Lipchitz Jun. 18--LOWELL, Mass. -- Adjustable-rate mortgages are gaining in popularity, but people who acquire them today should be prepared for a potentially whopping rise in their monthly payments once the adjustment period ends. Some first-time home buyers who wouldn't normally

Publication: Sun (Lowell, MA)

Keep Your Eyes on Adjustable-Rate Mortgages - New York Times
Two years ago, when the housing market was roaring along, I called a mortgage broker on the West Coast and asked for some help. I told him that I wanted to interview some recent home buyers who had taken out an adjustable-rate mortgage one of the big drivers of the boom and he was nice enough to

Publication: The New York Times

Adjustable-Rate Mortgage Funds:Risk and Cost
THE U.S. mutual fund industry, which has seen its money market returns shrink as short-term interest rates have declined, is touting adjustable-rate mortgage funds as a low-risk alternative with higher yields. This new and rapidly growing investment vehicle can indeed offer higher rates than money

Publication: International Herald Tribune