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Adjustable-rate mortgages make a comeback in the Bay Area, but there are risks
Summary by The San Francisco Editorial Desk Scott Budman , as published by NBC Bay Area (KNTV, NBC)
· October 8, 2026
· 1 min read
Photo: NBC Bay Area (KNTV, NBC) · view original
Story provenance No corrections
Summary created by The San Francisco Editorial Desk — automated, rule-governed Byline on source page Scott Budman, as published by NBC Bay Area (KNTV, NBC) Original story Read at the source Source published Oct 8, 2026 Indexed here Oct 9, 2026 AI assistance Automated summary drawn from the source’s own published text Prepublication human review No — editorial rules, flagged-item review, and published samples
Every story comes with a passport. How we work · Corrections log · Publisher’s note
Key points This type of mortgage typically starts with a lower rate than fixed-rate mortgages, with a difference of ¾ to 1% in rate. The potential savings can be significant, with monthly savings of over $1,000 possible.
Mortgage options are shifting as home prices rise. Adjustable-rate mortgages are gaining popularity, driven by the desire for flexibility in a high mortgage rate market. This type of mortgage typically starts with a lower rate than fixed-rate mortgages, with a difference of ¾ to 1% in rate.
The potential savings can be significant, with monthly savings of over $1,000 possible. However, adjustable-rate mortgages also carry considerable risk due to the variable rate.
Further details on the trend and its implications are available, including insights from real estate professionals such as Silicon Valley broker Lynsie Gridley and Redwood Credit Union's Debbie Ingle.
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Why this story is here
NBC Bay Area (KNTV, NBC) reported and published this story. The San Francisco selected it, summarised the key facts above, and links to the original. We did not report this story and we added no reporting of our own to it.
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As published by NBC Bay Area (KNTV, NBC) . The San Francisco selects stories from publishers’ feeds, summarises them, and links back to the publisher that reported them. We add no reporting of our own. We attribute every source, link to the original report, and follow a documented editorial standards policy. To understand how stories are selected and reviewed, read our about page .
For the complete original report, visit NBC Bay Area (KNTV, NBC) . Have a tip or correction? Contact the editor .
Category: Local Published: October 8, 2026 Source: NBC Bay Area (KNTV, NBC) Reading time: 1 min
Frequently asked about this story
What is this story about? Mortgage options are shifting as home prices rise. Adjustable-rate mortgages are gaining popularity, driven by the desire for flexibility in a high mortgage rate market. This type of mortgage…
When was this published? This article was first published on October 8, 2026 by NBC Bay Area (KNTV, NBC) and curated for The San Francisco readers.
Who reported this story? This story was reported by Scott Budman at NBC Bay Area (KNTV, NBC). To learn more about how The San Francisco selects and reviews stories, see our editorial standards .
Where can I find related coverage? See more Local coverage from The San Francisco, or browse our daily briefing and topic hubs .
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