Adjustable Rate Mortgages: This Home Mortgage Loan May Not Be For The Weak At Heart

Adjustable Rate Mortgages: This Home Mortgage Loan May Not Be For The Weak At Heart I heard the news about another interest rate hike and thought it was about time to look into refinancing my mortgage I contacted my mortgage company first "I am interested in a fixed mortgage rate" I said "May I ask why that is?" The broker asked politely "I don't want to deal with the risk of rising interest rates At my age, I cannot afford the risk" "Looking at your last ten years ...