Trampled by Rate Trouble ; Pair Reluctantly Try to Sell Iconic Home in a Tough Market

Summary


MONUMENT - Pat Sheridan is between an elephant rock and a hard place.

He's in adjustable-mortgage-rate hell.

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Trampled by Rate Trouble ; Pair Reluctantly Try to Sell Iconic Home in a Tough Market

He loves his 1970s remodeled tin-roofed home and the Elephant Rock sandstone landmark in the backyard, but his mortgage rate could hit double digits in a year.

"I don't really want to sell it,...

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