Adjustable-rate loans have lower rates right now than fixed mortgages, offering buyers cheaper financing costs.
A hybrid adjustable-rate mortgage is a type of mortgage that has an initial fixed interest rate period followed by an ...
The use of adjustable-rate mortgages is rising as borrowing costs remain high, but housing experts don't see the same risks that triggered the 2008 housing crisis.
Thirty-year mortgage rates hit a one-month high today. Currently, the average interest rate on a 30-year fixed mortgage ...
Lauren Williamson is the Financial and Home Services Editor for the Hearst E-Commerce team. She previously served as Senior Editor at Chicago magazine, where she led coverage of real estate and ...
SAN DIEGO (KGTV) — Recent data shows more people are shopping for houses as talks of interest rates going down continue, but is an adjustable-rate mortgage or a fixed rate the way to go? Thomas Boles, ...
More homebuyers are turning to adjustable-rate mortgage loans to keep their payments affordable. It’s easy to understand why. The average rate for a 5/1 adjustable-rate mortgage (ARM) is 5.51%, ...
(NewsNation) — With mortgage rates elevated, more borrowers are turning to adjustable-rate loans for relief. Adjustable-rate mortgages, or ARMs, made up about 10% of all mortgage applications in ...
Currently, the average interest rate on a 30-year fixed mortgage is 6.19%, compared to 6.17% a week ago, according to the ...
Looking to buy a home or refinance your existing one? Here are the mortgage interest rates you'll need to know now.