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Homeowners often think they can keep up with their rising payments or that they will simply refinance later.
Conversely, ARMs aren't wise for borrowers who plan to stay put, Mr. Gumbinger said, or those who would have trouble managing rising payments.
The doctors have complained that as insurance costs have been rising, payments for their work from the federal government and private insurers has been declining.
Like thousands of Americans, Ms. Johnston has an adjustable-rate mortgage, and her rising payments have stolen from her holiday spending budget.
A large part of that increase reflects rising payments for medical services, which have continued to take more money even as the recession deepens.
Commodity prices are rising, payments from last year's farm bill are going to start flowing, and tax law changes on accelerated depreciation should help.
Similar(51)
And -- like a rapidly rising payment on a credit card balance -- those costs threaten to put pressure on the agency to raise fares much more over the coming years.
But that rise is attributable in large part to rising interest payments required by ballooning debt.
Household finances will be squeezed through higher taxes and rising interest payments on their debt.
Disappointing tax revenue and rising benefit payments have made his job more difficult.
But then the local currency, the Hungarian forint, plunged in value, and homeowners faced rapidly rising monthly payments.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com