2 Times to Consider an Adjustable-Rate Mortgage
Motley Fool· 7 hours agoWhat's an adjustable-rate mortgage? An ARM is a mortgage loan with an interest rate that changes over the life of the loan, usually once annually after...
Here's Why You Shouldn't Buy a House Based on the Expectation That You Can Refinance
Motley Fool· 3 days agoUnfortunately for wannabe home buyers, the rock-bottom interest rates of 2021 are now behind us, and...
Mortgage Rates Today: May 29, 2023—Rates Move Up
Forbes· 3 days agoThe current average mortgage rate on a 30-year fixed mortgage is 7.27%, compared to 7.17% a week earlier. Homeowners who want to lock in a lower rate by ...
When is the best time to borrow home equity? The answer may surprise you.
CBS News· 1 week agoInterest rates are high and homeowners are staying put. With mortgage rates now in the 6% to 7%...
How to use home equity while prices are still high
CBS News· 6 days agoFollowing years of upward momentum, home prices across the country are showing mixed signals. According to March 2023 data from Redfin, home prices nationwide dropped an average of 3.3% compared ...
Mortgage and refinance rates today, May 22, 2023: Rates rise
Bankrate.com· 2 weeks agoThe Federal Reserve has increased rates 10 times in a row, most recently at its May 3 meeting. ”Mortgage rates have settled into a new normal of around 6.5 percent on a 30-year fixed-rate loan ...