Industry News

Survey: 14% of homeowners hold adjustable-rate mortgages

Most plan to refinance when interest rate resets
Published on Oct 30, 2006

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by CareyBot

One in seven homeowners have adjustable-rate mortgages, and 79 percent are concerned about the interest rate on their mortgage increasing, according to a survey of 1,361 homeowners who closely mirror the U.S. population. The survey, conducted in August for Wells ...