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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 30-year fixed < ...
Mortgage Rates Increase for Fifth-Straight Week
RISMedia Real Estate News· 1 day 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%,
5 ways to lower your mortgage payment right now
CBS News· 1 day agoIf that's your experience, it may help to rethink one of the largest monthly expenses most people have — your mortgage. The median monthly mortgage...
Today's 15-year mortgage rates drop while 30-year mortgage rates stay the same | April 30, 2024
FOX Business· 3 days agoThe interest rate on a 30-year fixed-rate mortgage is 7.500% as of April 30, which is unchanged from...
Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
NBC Washington· 2 days agoThe share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage...
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
Fox Business via AOL· 2 days agoAmerican homebuyers are taking on riskier adjustable rate mortgages to address affordability...
Adjustable-rate mortgage demand surges to highest level this year
Market Watch· 2 days agoRising rates pushed home buyers to hit pause on house hunting, pushing the market composite index —...
Today's 30-year mortgage rates drop while 15-year rates hold steady | April 29, 2024
FOX Business· 4 days agoThe interest rate on a 30-year fixed-rate mortgage is 7.500% as of April 29, which is 0.125...
Mortgage interest rates today: May 1, 2024
CNN.com· 2 days agoToday’s mortgage interest rates are rising for the first time this week. Generally, home loan interest rates are higher than last week’s. The biggest...
Rocket delivers $291M profit amid improved margins and MSR acquisitions - HousingWire
HousingWire· 20 hours agoRocket Companies, the parent of Rocket Mortgage, delivered a profit in the first quarter of 2024 through initiatives to reduce costs and increased investments in artificial ...