Housing market for retiring baby boomers exploding in western Port St. Lucie » Mortgage Masters Group

Housing market for retiring baby boomers exploding in western Port St. Lucie Mortgage Masters Group. An adjustable rate mortgage (arm) allows the lender to adjust the interest rate of a mortgage at scheduled intervals. A rate cap limits the amount the lender may increase or decrease the interest rate per each adjustment.

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A recent report from Harvard’s Joint Center for Housing Studies forecasts that the remodeling industry will remain robust over the next ten years. The growth will be driven, as ever, by the Baby.

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