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RAB Research Archive

Homebuyers rush to riskier mortgages as home prices heat up



Home prices are heating up yet again, and that is sending more potential buyers looking for ways to afford a monthly mortgage payment. The number of adjustable-rate mortgage originations jumped just over 40 percent from the first quarter of this year to the second, according to analysis by Inside Mortgage Finance.

Source: CNBC



View or Download: https://www.cnbc.com/2017/10/03/rising-heat-in-home-prices-makes-buyers-rush-to-riskier-mortgages.html

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