Thank you for the mortgage explainer
Hello,
I've been trying to understand what the rate path means for our family for weeks, and Alex Morgan's piece was the first thing that actually made it click. The chart comparing fixed and variable payments was especially useful.
One request: a short box on what a quarter-point move means in dollars for a typical mortgage would help a lot of readers like me. I left a comment saying the same thing.
Thanks for keeping this free to read.
Leah