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Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via AOL· 2 days agoThat “if necessary...payment — or simply can’t tolerate any level of risk — it’s best to go with a fixed-rate mortgage, despite the expense. Other loan...
Daily mortgage rates for May 23, 2024: Steady rates
USA Today· 3 days agoMortgage rates are trending across the board. Today’s 30-year fixed mortgage rate is 7.46% which is higher than last week's 7.37%, according ...
Federal Reserve minutes: Policymakers saw a longer path to rate cuts
Associated Press Finance via Yahoo Finance· 4 days agoAfter several unexpectedly high inflation readings, Federal Reserve officials concluded at a meeting...
First-time homebuyers aren't buying until mortgage rates drop. It could be a long wait.
USA TODAY via Yahoo Finance· 4 days agoInventories of homes are low. With prices and interest rates running high, everyone is looking for...
Americans are trying to change their mortgages
Newsweek· 4 days agoHomeowners moved to refinance their properties in the week ending May 17, Mortgage Bankers Association reported—at a time when mortgage
How Americans view the economy depends on whether they rent or own
Yahoo Finance· 9 hours agoRoughly a third of homeowners who had a mortgage refinanced in 2020 or 2021 when mortgage rates...
Homeowners Seize Rate Dip To Restructure Mortgages
Benzinga via Yahoo Finance· 2 days agoA growing number of homeowners capitalized on the opportunity torefinance their mortgages for the week ending May 17, attracted by the most favorable...
Mortgage rates just fell below 7% - here's how much the monthly payment is now on a $400,000 house
Morningstar· 1 day agoMortgage rates fell for the third week in a row, pushing the 30-year rate below 7% for the first time in over a month. The 30-year fixed-rate< ...
Mortgage rates tick down again after modest gains on inflation
Bankrate via Yahoo Finance· 4 days ago...Current 4 weeks ago One year ago 52-week average 52-week low 30-year 7.09% 7.31% 6.66% 7.20%...
Are second mortgages about to make a comeback? Freddie Mac has a new proposal
Moneywise via Yahoo Finance· 5 days agoThe primary goal here is to provide borrowers more financing options and "a lower cost alternative...