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  • Casual Articles - ARM Borrowers Are Anxious Over Rate Increases

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    e homeowners were concerned on varying levels about future rate increa
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    A recent survey indicates that homeowners are worried about rising interest rates, but they plan to refinance if necessary.

    In the third annual homeowners study by Wells Fargo, one in seven respondents was holding an adjustable-rate mortgage (ARM).

    Eighty percent of these homeowners were concerned on varying levels about future rate increas

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    erest rates, but they plan to refinance if necessary.

    In the third annual homeowners study by Wells Fargo, one in seven respondents was holding an adjustable-rate mortgage (ARM).

    Eighty percent of these homeowners were concerned on varying levels about future rate increa

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    d annual homeowners study by Wells Fargo, one in seven respondents was holding an adjustable-rate mortgage (ARM).

    Eighty percent of these homeowners were concerned on varying levels about future rate increa

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    holding an adjustable-rate mortgage (ARM).

    Eighty percent of these homeowners were concerned on varying levels about future rate increa

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    e homeowners were concerned on varying levels about future rate increases.

    Over half of the ARM borrowers said that they could refinance their loans if necessary. Only 20% said that they were prepared for rising rates and had no plans to change their loan products.

    Well's Fargo found that homeowners are looking forward to rising home price

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