Adjustable-loan holders switching
Allure of stability rises as 30-year rates decline
West Roxbury resident Jay Russo had a choice: Hang on to his adjustable-rate mortgage, which has a very low rate that could rise dramatically next year, or refinance into a sure thing, a fixed-rate mortgage that will cost more now but will remain stable over the life of the loan. (Full article: 629 words)
This article is available in our archives:
Globe Subscribers
FREE for subscribers
Subscribers to the Boston Globe get unlimited access to our archives.
Not a subscriber?
Non-Subscribers
Purchase an electronic copy of the full article. Learn More
- $4.95 1 article
- $9.95 4 articles
- $25.95 Monthly
