Rates Are Rising — And So Are Adjustable Rate Mortgages
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It’s no secret that mortgage rates have been rising. Over the past 15 months, the interest rates on 30-year fixed-rate mortgages have jumped nearly a full percent, increasing from 3.81% in November 2016 to 4.69% this March.
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https://www.forbes.com/sites/alyyale/2018/05/03/rates-are-rising-and-so-are-adjustable-rate-mortgages/#76d6809971d5
Source : Rates Are Rising -- And So Are Adjustable Rate Mortgages