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Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
Yahoo Finance· 4 days agoAssociation (MBA) weekly survey found — the highest share seen this year. The uptick in ARMs came...
How does a fixed-rate mortgage work?
Yahoo Personal Finance· 3 days agoA fixed-rate mortgage locks in your interest rate for the entire loan term. Learn how a fixed-rate mortgage works and whether it’s the right fit for you.
Mortgage Rate Forecast May 2024 | Bankrate
Bankrate.com· 5 days agoAs homebuyers grapple with record prices this spring, mortgage rates have also crept up. On a 30-year fixed loan, the average rate was 7.39 percent as of...
Current California Mortgage and Refinance Rates | Bankrate
Bankrate.com· 2 days agoBefore joining Bankrate in 2020, I spent more than 20 years writing about real estate and the economy for the Palm Beach Post and the South Florida Business Journal. At Bankrate, my areas of ...
Today's 30-year mortgage rates rise while 15-year mortgage rates drop | May 2, 2024
FOX Business· 4 days agoThe interest rate on a 30-year fixed-rate mortgage is 7.375% as of May 2, which is 0.250 percentage...
Mortgage rate forecast for May 2024: No break for homebuyers
Boston Herald· 3 days agoAs homebuyers grapple with record prices this spring, mortgage rates have also crept up. On a...
The Fed indicated rates will remain higher for longer. What does that mean for you?
Los Angeles Times· 1 day agoThe central bank kept its key rate at a two-decade high of roughly 5.3%, where it has been since...
Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
CNBC· 5 days agoWhen mortgage rates rise, consumers look for any way to lower their monthly payments, and that often...
Adjustable-rate vs. fixed-rate mortgage: Which should you choose?
Yahoo Personal Finance· 4 days agoThe main disadvantage of an ARM is the risk that interest rates will rise and your mortgage payment...
How to remove FHA mortgage insurance and lower your payments
Yahoo Personal Finance· 3 days agoFHA mortgage insurance removal is possible if you refinance or qualify for cancellation. Find out if...