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This couple took out an adjustable-rate mortgage when rates were over 8%. Here’s how it worked out.

This couple took out an adjustable-rate mortgage when rates were over 8%. Here’s how it worked out.
Key Points

Adjustable-rate mortgages have made a comeback as mortgage rates surge and buyers seek relief from high housing costs.

Adjustable-rate mortgages have made a comeback as mortgage rates surge and buyers seek relief from high housing costs.
Originally published by MarketWatch Read original →