Industry News

Adjustable-rate mortgages reclaim real estate

Freddie Mac survey finds that initial rate discounts, 'hybrids' gain in popularity
Published on Feb 19, 2004

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by CareyBot

Freddie Mac on Tuesday released the results of its 20th annual adjustable-rate mortgage survey, which found that as interest rates on fixed-rate mortgages fell to generational lows, adjustable-rate mortgages have evolved to fit the needs of lenders, borrowers and the ...