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Average long-term US mortgage rate climbs for fourth straight week to highest level since November
The Salem News· 1 day agorate on a 30-year mortgage remains well above 5.1%, where was just two years ago. That large gap between rates now and then has helped limit the number ...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
Yahoo Finance· 3 days agoAssociation (MBA) weekly survey found — the highest share seen this year. The uptick in ARMs came...
Mortgage Rates Hold Steady Below Recent Highs
Investopedia· 5 days agoAfter unwelcome inflation data pushed mortgage rates higher last week, the 30-year average is holding steady in slightly cheaper territory this week.
Adjustable-rate vs. fixed-rate mortgage: Which should you choose?
Yahoo Personal Finance· 2 days agoThe main disadvantage of an ARM is the risk that interest rates will rise and your mortgage payment...
Mortgage demand continues to fall as rates soar - HousingWire
HousingWire· 4 days agoMortgage demand dipped last week as mortgage rates reached their highest levels since November 2023.
Most rates rise | Current mortgage rates, May 1st, 2024
Bankrate.com· 4 days agoNational mortgage rates were mostly higher compared to a week ago, according to data compiled by Bankrate. Average rates for 30-year fixed, 15-year fixed and jumbo loans ticked ...
Adjustable-rate mortgage demand surges to highest level this year
Market Watch· 4 days agomortgage application volume — down in the last week, according to the Mortgage Bankers Association...
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
FOX Business· 3 days agoHomebuyers in the U.S. are turning to riskier adjustable rate mortgages (ARMs) as high interest...
Mortgage Rates on the Rise Again
Investopedia· 4 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.
Are higher mortgage rates enough to slow San Diego home price growth?
U-T San Diego· 2 days agoMortgage rates hit their highest point this year, 7.52 percent for a 30-year, fixed rate loan, this...