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Pros and cons of an adjustable-rate mortgage (ARM)
Bankrate via AOL· 3 hours agoKey takeaways An adjustable-rate mortgage (ARM) is a mortgage with an initial fixed interest rate that resets at periodic intervals. ARMs tend to have...
Where will mortgage rates head in 2024?
The Week via Yahoo News· 7 months agoHouse and house key with calculator and mortgage rates. Mortgage rates shot to record highs in 2023, topping 8% for the first time since 2000. According...
Mortgage rate forecast April 2024: Fed’s uncertain timeline to keep rates at 7%
Bankrate via AOL· 2 months agoIt'll be difficult for mortgage rates to post a meaningful and sustained pullback from 7 percent...
Private mortgage insurance (PMI): What it is and how it works
Bankrate via AOL· 1 month agoKey takeaways Private mortgage insurance (PMI) is an extra monthly fee that you pay on a...
Mortgage points: What are they and how do they work?
Bankrate via AOL· 1 month agoKey takeaways Mortgage points are upfront fees you can pay your mortgage lender in exchange for a lower interest rate. Typically, one point costs 1...
Mortgages for seniors: Getting a home loan in retirement
Bankrate via Yahoo Finance· 4 months agoWe often think of homebuyers as younger, but retirees and senior citizens have plenty of reasons to...
Best mortgage lenders for bad credit in 2024
Bankrate via AOL· 5 months agoIf your credit needs work, that doesn’t necessarily mean you won’t qualify for a mortgage. Here’s our guide to the best mortgage lenders for bad-credit...
Mortgage interest deduction: What it is and what qualifies
Bankrate via Yahoo Finance· 2 months agoKey takeaways The IRS may let you deduct interest paid on your mortgage on your federal income tax...
Hungry mortgage lenders are dangling deals and discounts
Bankrate via Yahoo Finance· 1 year agoPeopleImages/Getty Images: Illustration by Issiah Davis/Bankrate Slashed rates. Discounts on future...
What is a fixed-rate mortgage and how does it work?
Bankrate via Yahoo Finance· 6 months agoKey takeaways A fixed-rate mortgage maintains a consistent interest rate throughout its entire term, whether it spans 30 years, 15 years, or any other...
