
Free Access: Real Talk Real Estate: Examining the pros and cons of an Adjustable Rate Mortgage
At a Federal Reserve meeting held on Wednesday, June 15, officials agreed to another 0.75 percent raise to their interest rate. The news was not what anyone in the mortgage industry was hoping to hear. It is scary to imagine that this is just the beginning. The Wall Street Journal noted that we could see an additional 1.75 percent added by the end of this year. They also noted that at this pace of increase, we would see the most aggressive rate rise cycle since the 1980s. In 1983, the



