Real Estate Blog

Adjustable-rate mortgages regain popularity as prices, rates rise

In November, 11.2% of homes bought with loans carried adjustable-rate mortgages. That's double the rate of a year earlier.   When Michael Shuken recently bought his family's first home, a four-bedroom in Mar Vista, his adjustable-rate mortgage helped them stay on the pricey Westside. For now, his interest-only loan costs him about 35% less per month than a 30-year...

Read More