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Pros and cons of an adjustable-rate mortgage (ARM)
An adjustable-rate mortgage (ARM) is a mortgage whose interest rate resets at periodic intervals. ARMs have low fixed ...
Q: We hear that interest rates may drop soon, and we would like to refinance our currently high interest rate mortgage. What can you tell us about picking an adjustable rate vs. a fixed rate mortgage?
Mortgage rates have begun to slide downward, triggering increased activity in the housing finance market as borrowers seek to ...
Every dollar counts, especially during inflationary times. That’s why homebuyers or owners should consider cheaper, adjustable rates when shopping for mortgages. Today, a well-qualified borrower can ...
Learn about the current mortgage rates and whether it's the right time to buy a home. Explore the latest trends in the ...
With rates for fixed-rate mortgages in the high sixes, buyers wonder whether an adjustable one may be better. The average rate on a 30-year fixed mortgage was 6.95 percent Thursday — its second ...
Alene Laney is a contributor to Buy Side and an expert on credit cards, mortgages and loans who has more than a decade of experience. Staff Personal Finance Editor, Buy Side Valerie Morris is a staff ...
Mortgage applications fell 0.3% last week, but refinance activity surged 4% as mortgage rates hit a monthly low.
Mortgage rates just dropped again. The average 30-year fixed mortgage rate in the U.S. now stands at 6.218%, its lowest level ...
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