Tag Archives: Adjustable Rate Mortgage

...If you want to alleviate some of the uncertainty that comes with buying your first home, it's time you learned the truth about 6 home buying myths too many consumers still believe.

It seems that the past few years of falling interest rates have lulled a big part of the global economy into financing with variable-rate debt...[As such,] when interest rates go up (as they did last week), there’s a world-wide reset in interest costs that, best case, amounts to a tax increase on individuals and businesses and, worst-case, threatens to blow up the whole system.