Should You Consider an Adjustable-Rate Mortgage?
Mortgage rates above 5% coupled with higher housing prices have caused some prospective homebuyers to consider an adjustable-rate mortgage, instead of a fixed-rate loan, to help reduce costs. WSJ personal-finance reporter Veronica Dagher joins host J.R. Whalen to discuss the pros and cons of adjustable mortgages.
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Mortgage rates above 5% coupled with higher housing prices have caused some prospective homebuyers to consider an adjustable-rate mortgage, instead of a fixed-rate loan, to help reduce costs. WSJ personal-finance reporter Veronica Dagher joins host J.R. Whalen to discuss the pros and cons of adjustable mortgages.
Learn more about your ad choices. Visit megaphone.fm/adchoices