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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...
Mortgage Rates Increase for Fifth-Straight Week
RISMedia Real Estate News· 23 hours agoThe 30-year fixed-rate mortgage (FRM) averaged 7.22% this week, rising for the fifth-consecutive week and up from last week’s 7.17%,
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 1 day 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 ...
Adjustable-rate mortgage demand surges to highest level this year
Market Watch· 2 days agoThe market index fell 2.3% to 192.1 for the week ending April 26 from a week ago. Key details: The...
Rates increase | Today's mortgage rates for May 2nd, 2024
Bankrate.com· 1 day agoRates for 30-year fixed, 15-year fixed, 5/1 ARMs and jumbo loans moved higher. The movement of fixed mortgage rates parallels the 10-year Treasury yield, which moves as investor ...
Opinion: Riding the wave - HousingWire
HousingWire· 3 hours agoThanks to high mortgage rates, mortgage refinance rates, and even higher home prices, the vibe among homebuyers has been fairly bleak ...
Most rates rise | Current mortgage rates, April 30th, 2024
Bankrate.com· 3 days agoMortgage interest rates were mostly up compared to a week ago, according to data compiled by Bankrate. Average rates for 30-year fixed, 15-year fixed and jumbo mortgages ...
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
FOX Business· 2 days agoHomebuyers in the U.S. are turning to riskier adjustable rate mortgages (ARMs) as high interest...
Mortgage demand continues to fall as rates soar
HousingWire via Yahoo Finance· 2 days agoNo doubt, this is a headwind for the housing and mortgage markets, with the 30-year fixed mortgage rate increasing to 7.29% last week ...
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.
