Why An Adjustable-Rate Mortgage Is Better Than A 30-Year Fixed-Rate Mortgage

If you haven’t been paying attention, thanks to pandemic fears, the 30-year bond yield and the 10-year bond yield have reached all-time lows. And when Treasury bond yields hit all-time lows, mortgage rates follow suit. In a strange way, I wish I still had a mortgage to refinance. In mid-2019, I locked in a 2.625%

The post Why An Adjustable-Rate Mortgage Is Better Than A 30-Year Fixed-Rate Mortgage appeared first on Financial Samurai.

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