News

The Federal Reserve is expected to hold interest rates steady tomorrow, but mortgage rates will continue to fluctuate.
The Federal Reserve is unlikely to cut interest rates this week, but that doesn't mean mortgage rates will stay where they ...
The post A Third of Americans Say Mortgage and Debt Are Unmanageable—They Need These 5 Tips appeared first on Real Estate ...
The Fed paused rates again at its May meeting, so could mortgage rates finally fall? Here's what to expect now.
Though the Fed's policy changes have a ripple effect on all short-term lending rates, the central bank doesn't directly set ...
When the Fed adjusts its benchmark interest rate, interest rates on savings accounts and short-term loan vehicles follow ...
There are two primary types of mortgage rates: fixed-rate and adjustable-rate. Fixed-Rate Mortgages: With a fixed-rate mortgage, the interest rate remains the same throughout the loan term ...
Pro Tip You can potentially save $600 to $1,200 annually by applying with multiple mortgage lenders, according to research by Freddie Mac. Can You Refinance an Adjustable-Rate Mortgage?
unless you’re replacing an adjustable-rate mortgage with a fixed-rate mortgage. You usually don’t need an appraisal or credit check, although you might have to show proof of on-time payments ...
To get mortgage rates below 6% with duration, we need to see the labor market break, which hasn't happened yet.
An adjustable-rate mortgage might be beneficial if you can get a lower rate and plan to sell or refinance before the rate adjusts. With an ARM, you'll have a fixed rate for a certain number of years.
If you’re planning to purchase a second home or refinance an existing one, current second home mortgage ... rates can be fixed—a stable interest rate for the life of the loan—or adjustable ...