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As Mortgage Rates Hit Highest Level Since 2023, Buyers Look at ARMs

The average 30-year, fixed-rate home loan rose to 7.28 percent, up from 6.34 percent a year ago. More buyers are now turning to adjustable-rate mortgages.

As Mortgage Rates Hit Highest Level Since 2023, Buyers Look at ARMs

We haven't written up this one. The New York Times has the full story — the link below goes straight to it.

Read the original at nytimes.com →

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