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Mortgage Rates Increase for Fifth-Straight Week
RISMedia Real Estate News· 4 days 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%,
More homebuyers are paying discount points as interest rates continue to rise
FOX Business· 12 hours agoMortgage points, which are one-time fees paid at closing in exchange for a lower interest rate, are...
Mortgage rates today, April 30, 2024: What will happen after the Fed meeting?
Yahoo Personal Finance· 7 days agoThese are today's mortgage rates. The Fed should keep the federal funds rate the same tomorrow, so...
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...
Today's 30-year mortgage rates hold steady | May 3, 2024
FOX Business· 4 days agoThe interest rate on a 30-year fixed-rate mortgage is 7.375% as of May 3, which is unchanged from...
Americans are sitting on a record amount of home equity at $11 trillion — here’s how much cash is...
Market Watch· 7 hours agoHome equity loosely corresponds with how much housing wealth one has: It is the difference between...
Current National Refinance Rates: April 30, 2024—Rates Fall
Forbes· 7 days agoThe rate on a 30-year fixed refinance fell today. Refinancing rates for a 30-year, fixed-mortgage are averaging 7.76%, according to Curinos ...
Buyers are taking on riskier adjustable rate mortgages as affordability worsens
FOX Business· 5 days agoHomebuyers in the U.S. are turning to riskier adjustable rate mortgages (ARMs) as high interest...
Demand for riskier adjustable-rate mortgages hits highest level of the year, due to rising rates
CNBC· 6 days agoWhen mortgage rates rise, consumers look for any way to lower their monthly payments, and that often...
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...