LAFCU launches 10/6 adjustable-rate mortgage to help home buyers counter effects of inflation and rising interest rates
LANSING, MI (July 27, 2022) — As inflation grows, the adjustable-rate mortgage (ARM) that was a hallmark of the 1980s inflationary period and the mid-2000s mortgage crisis is making a comeback with LAFCU offering a new 10/6 ARM. “LAFCU’s 10/6 ARM loan ...