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ARM Adjustable Rate Mortgage Refinancing
An AP/AOL Real Estate survey found that more than 1/3 - 36% of those surveyed with adjustable rate mortgages worry that they won't be able to afford their monthly mortgage payments if their interest rates increase.
Sixty-four percent, meanwhile, aren't sweating it and say they're not concerned about such a scenario.
The poll also found that those who believe that housing prices will go up were more likely to have adjustable-rate mortgages than those who think prices will go down or stay the same.
Hipotecas Prestamos November 25, 2006 10:52 AM