Well over a dozen times the Federal Reserve Bank has been raising Mortgage Interest Rates since 2003. How can you combat rising Mortgage Interest Rates? -- Despite rising mortgage interest rates, an adjustable rate mortgage could still make a lot of sense especially if you plan on selling your home before the adjustment period kicks in. Your monthly mortgage payment could be hundreds of dollars lower with an adjustable rate mortgage.Fixed Rate, Old Dependable - A fixed rate mortgage is the "old standby" in the mortgage portfolio. Government Programs - A lifesaver for some, various government programs have assisted homeowners in the face of rising Mortgage Interest Rates.
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