People are still doing ARMs?!?!?

…’re jacking interest rates, which is pushing the cost of mortgages and rent to backbreaking levels. As people’s mortgages come up for renewal, they’re starting to sell, but no one can afford to buy, so house prices are fal…’re jacking interest rates, which is pushing the cost of mortgages and rent to backbreaking levels. As people’s mortgages come up for renewal, they’re starting to sell, but no one can afford to buy, so house prices are falling.
Homebuilders Are Selling Homes to Investors at a 20% Bulk Discount so They Can Rent-Trap People
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Jared A. Brock
Michelle Teheux
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Oct 8, 2022
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People are still doing ARMs?!?!?
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Written by Michelle Teheux
15.9K Followers
·868 Following
Lover of literature. Former newspaper editor. Fascinated by everything. Contact: michelleteheux@gmail.com. To buy me a coffee: https://ko-fi.com/michelleteheux
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