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Demand rises for adjustable-rate mortgages

Demand rises for adjustable-rate mortgages – CBS News


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Adjustable-rate mortgages are seeing higher demand after years of little interest from borrowers. Unlike fixed-rate mortgages, interest rates for these home loans adjust over time based on the market. Aarthi Swaminathan, a real estate reporter for MarketWatch, discusses this trend on CBS News.

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