Personal Finance Advice and Commentary

Tuesday, February 15, 2011 12:19 pm
By Marcie Geffner · Bankrate.com

The sharp rise in mortgage interest rates has presented a challenge for borrowers who want to buy a home or refinance an existing mortgage, but don’t like the slightly higher payment they now face. One popular solution is a hybrid mortgage, which has a lower fixed rate for three, five, seven or 10 years, after which