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Buyers are taking on riskier adjustable rate mortgages as affordability worsens
FOX Business· 1 day agoThe Mortgage Bankers Association's Market Composite Index, which measures loan application volume,...
Mortgage rates move higher as Fed takes no action
Bankrate via Yahoo Finance· 1 day agoWhile most Fed members still expect three rate cuts this year, one regional Fed president now is predicting just one rate cut in 2024. Loan applications...
5 ways to lower your mortgage payment right now
CBS News· 11 hours 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...
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 —...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
AOL· 11 hours 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 < ...
Average Long-Term US Mortgage Rate Rises for Again, Reaching Highest Level More Than Five Months
US News & World Report· 9 hours agoThe average rate on a 30-year mortgage climbed this week to its highest level in more than five months, pushing up borrowing costs for prospective homebuyers in what's typically ...
MBA: Mortgage Applications Decreased in Weekly Survey
Calculated Risk· 2 days agoMortgage applications decreased 2.3 percent from one week earlier, according to data from the Mortgage Bankers Association’s (MBA) Weekly ...
Refi Rates Ride High: Mortgage Refinance Rates for May 2, 2024
CNET· 14 hours agoMortgage refinance rates change every day. About these rates: Like CNET, Bankrate is owned by Red...
Average long-term US mortgage rate rises for again, reaching highest level more than five months
WFTV 9 Orlando· 9 hours agoLOS ANGELES — (AP) — The average rate on a 30-year mortgage climbed this week to its highest level...
Median payment on purchase mortgage applications rises to $2,201: MBA - HousingWire
HousingWire· 6 days agoThe national median monthly payment for purchase mortgage applicants rose to $2,201 in March, up...