Why More Homebuyers Now Are Turning to This Riskier Mortgage

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Why More Homebuyers Now Are Turning to This Riskier Mortgage

Mortgage payments that grew more expensive over time were one of the main culprits of the housing bust that led to a worldwide, financial disaster in the mid-2000s. And now one of the types of loans that defined that era is staging a comeback. More homebuyers are choosing adjustable-rate mortgages, which offer lower monthly payments…
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