Recent data shows more people are shopping for houses as talks of interest rates going down continue, but is an adjustable-rate mortgage or a fixed rate the way to go?
High interest rates have spurred the resurgence of adjustable-rate mortgages. But ARMs are a little different from what you ...
Prospective homeowners face a crucial decision when choosing between fixed-rate mortgages (FRMs) and adjustable-rate mortgages (ARMs). While ARMs have a controversial reputation following the 2008 ...
“When you get a fixed-rate mortgage, it's like buying insurance against inflation, and you're paying for that insurance over the whole life of the mortgage,” one expert told us. The real estate market ...
ATLANTA — The number of homeowners seeking to refinance their homes has surged by 60% from last week, according to the Mortgage Bankers Association. Channel 2 consumer investigative reporter Justin ...
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How to get a mortgage rate under 6% this September
There's finally some movement in the mortgage interest rate climate that benefits buyers. After rising to their highest level in decades in 2023, mortgage rates temporarily plunged to a two-year low ...
As we close in on October, another Fed rate cut could be on the horizon, and so could changes to mortgage rates.
Today’s average mortgage rate on a 30-year fixed-rate mortgage is 6.42%, up 1.66% from the previous week, according to the Mortgage Research Center. Borrowers may be able to save on interest costs by ...
Experts say Americans shouldn't expect a further decline in mortgage rates immediately after the Fed's September meeting.
The rate on a 30-year fixed refinance increased to 6.41% today, according to the Mortgage Research Center. Rates averaged ...
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