🚨 YOUR MORTGAGE PAYMENT COULD JUMP $1,000 A MONTH!
CNBC reports that approximately 150,000 homeowners face their first adjustable-rate mortgage (ARM) adjustment in 2026.
For some borrowers with seven-year ARMs originated in 2019, ICE Mortgage Technology projects a median payment increase of $1,080 per month!
That's nearly $13,000 a year.
But here's what matters:
✅ Know when your ARM adjusts.
✅ Understand your interest-rate adjustment caps.
✅ Compare your existing mortgage with refinancing options.
✅ Don't assume refinancing is automatically the best choice.
Some homeowners may be better off keeping their existing ARM, even after the adjustment!
🏠 Have an adjustable-rate mortgage in California?
DM me ARM. Let's review your options before your payment changes.
Have questions about buying, refinancing, or tracking your mortgage rate in California?
Call or text 925-885-1919, request a video or phone appointment, enroll in free RateAnalyzer rate monitoring, or start our Quick Application.
Russell McDonald | NMLS 290837 | Broker CA DRE 01150730
Wymac Capital Inc | NMLS 18766 | Broker CA DRE 01121628
Real Estate Broker – CA Dept of Real Estate #AdjustableRateMortgage #ARMReset #MortgageRefinance #CaliforniaHomeowners #MortgageTips