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Mortgage Industry Will Soon Be ARMed To The Teeth

According to a new report by Redfin, the typical homebuyer could save an estimated $15,582 over five years, or roughly $260 per month, by taking out an adjustable-rate mortgage. That’s the largest savings in dollar volume for adjustable-rate mortgage (ARM) holders since at least 2015.  ....

Taylor Marr , Arnell Brady , Bay Equity Home Loans , Redfin Deputy Chief Economist Taylor , Bay Equity Home ,