Adjustable-Rate Mortgages: The Hidden Risks Revealed
San Marcos, Texas – With mortgage rates on the rise, the housing market continues to face challenges in affordability. Adjustable-rate mortgages (ARMs) have become increasingly popular in this climate, offering temporary relief for homebuyers seeking to avoid high mortgage rates. However, these loans come with risks as the interest rates adjust periodically based on market conditions after an initial fixed period of five, seven, or ten years. For many homeowners like Jennifer Hernandez in Houston, …