Interest Rate Shock After a Rate Reset: What ARM Borrowers Should Do Before the Adjustment Hits

A $600 monthly payment spike is hitting ARM borrowers right now as 2019–2021 loans reset past 7%. Here's what to do before your adjustment date arrives.

A $600 monthly payment spike is hitting ARM borrowers right now as 2019–2021 loans reset past 7%. Here's what to do before your adjustment date arrives.