A record number of owners spend more than $1,000 on their monthly car payments. Read on to learn how to cope with payments that are too high.
  • Aceticon@lemmy.world
    16·
    10 months ago

    Worry not: soon it will be mortgage payments.

    (How bad it will be depends mainly of the proportion of people with variable rate contracts)

    • SCB@lemmy.world
      1·
      10 months ago

      Per market data, ARMs were very unpopular prior to 2021. I’d have to think that the generation stomped by 08 is the reason why. They’re recently up from 3% to around 12%.