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More homebuyers are paying discount points as interest rates continue to rise
FOX Business· 2 days agoMortgage points, which are one-time fees paid at closing in exchange for a lower interest rate, are...
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
FOX Business· 6 days agoHomebuyers in the U.S. are turning to riskier adjustable rate mortgages (ARMs) as high interest...
The Fed indicated rates will remain higher for longer. What does that mean for you?
Los Angeles Times· 3 days agoThe central bank kept its key rate at a two-decade high of roughly 5.3%, where it has been since...
Will home equity loan rates drop in May?
CBS News· 5 days agoWith inflation problematic, interest rates were elevated to help rein it in. On Wednesday, the Federal Reserve elected to maintain that level, keeping...
Homebuyers turn to ARMs as mortgage rates hover above 7% for third straight week
Yahoo Finance via AOL· 5 days ago“We may not have 4% interest rates, but people know that at some point these rates will come down...
Mortgage rates push higher with no relief in sight: Freddie Mac
FOX Business· 5 days agoMortgage rates pushed further into the 7% range as the Federal Reserve seems unlikely to reverse its...
Daily mortgage rates for May 6, 2024: Steady rates
USA Today· 2 days agoThe average rate on a 30-year jumbo mortgage is 7.54%. The average mortgage rate for 30-year fixed loans stayed the ...
Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
NBC Washington· 7 days agoThe share of ARM applications rose to 7.8% of mortgage demand last week, according to the Mortgage...
Weekly Mortgage Rates Rise Again, While Home Sales Increase, Too - NerdWallet
Nerdwallet· 5 days agoMortgage rates have climbed five weeks in a row and are now at their highest levels since the week...
Mortgage rates today, May 1, 2024: Fed decision will keep rates high
Yahoo Personal Finance· 7 days agoThese are today's mortgage rates. Rates will likely stay high after the Fed meeting, but it could...