Homeownership is out of reach for many people.Home prices remain high. Last week, mortgage rates reached their highest point since June 2025 when 30-year fixed-rate mortgages hit 6.71%. That’s why a growing number of homebuyers are opting for adjustable-rate mortgages — loans with an interest rate that changes after five, seven, or 10 years to whatever the new market rate is. It's a cheaper optio…
Why some homebuyers are choosing adjustable-rate mortgages
