> or flooding the market with people who can suddenly no longer afford their homes. Most mortgages don't have an adjustable rate. They're fixed for the duratio

> or flooding the market with people who can suddenly no longer afford their homes. Most mortgages don't have an adjustable rate. They're fixed for the duration. Regardless, small interest rate increases wouldn't suddenly make variable rate mortgage owners homeless. Gradual rate increases would provide more pressure for overextended individuals to move to housing they can actually afford, though.