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Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
CNBC· 2 days agoWhen mortgage rates rise, consumers look for any way to lower their monthly payments, and that often...
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
Fox Business via Yahoo Finance· 1 day agoAmerican homebuyers are taking on riskier adjustable rate mortgages to address affordability...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 19 hours agoMortgage rates haven’t shown signs of edging under 7% anytime soon, pushing buyers toward alternative financing options to strike deals. The rate on the ...
Mortgage demand continues to fall as rates soar - HousingWire
HousingWire· 2 days agoMortgage demand dipped last week as mortgage rates reached their highest levels since November 2023.
What credit score is needed to refinance your mortgage?
Bankrate via AOL· 7 days agoIt’s possible to do a conventional mortgage refinance with a credit score of 620, and FHA refinances...
Mortgage Rates on the Rise Again
Investopedia· 2 days agoAfter dipping into slightly cheaper territory, rates on 30-year new purchase mortgages are back on the upswing. Rates for most other loan types also moved higher.
Majority of rates rise - Mortgage rates for today, April 29, 2024
Bankrate.com· 4 days agoMortgage rates were mostly higher versus last week, according to data compiled by Bankrate. Lenders price mortgages based on many variables, but overall ...
Adjustable-rate mortgage demand surges to highest level this year
Market Watch· 2 days agomortgage application volume — down in the last week, according to the Mortgage Bankers Association...
30-Year Mortgage Rates Ease Lower
Investopedia· 4 days agoAfter unwelcome inflation data caused a jump in mortgage rates, the 30-year average has edged lower. Rates were down for almost every loan type Friday.
30-Year Mortgage Rates Pull Back
Investopedia· 2 days agoAfter inching up earlier this week, the 30-year mortgage rate average dropped 3 basis points on Wednesday, while the FHA 30-year rate average fell below 7.00% for the first time in seven weeks.