A hybrid adjustable-rate mortgage is a type of mortgage that has an initial fixed interest rate period followed by an ...
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 ...
If you remember the 2008 housing crash, “adjustable-rate mortgages” might still conjure predatory lenders and underwater homeowners. That association isn't just earned — it's backed by staggering ...
If you are looking to buy a home, you may want to consider an adjustable-rate mortgage — but experts say it’s important to know what that means before you commit. When the index of interest rates goes ...
ATLANTA — The number of homeowners seeking to refinance their homes has surged by 60% from last week, according to the Mortgage Bankers Association. Channel 2 consumer investigative reporter Justin ...
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Adjustable-rate mortgages may get cheaper following Fed rate cut—what to know before choosing one
With the Federal Reserve cutting its benchmark rate, some homebuyers may wonder whether mortgage rates will follow — and whether an adjustable-rate mortgage could offer a cheaper way to get into a ...
Adjustable-rate mortgages are making something of a comeback. Last week they made up nearly 10% of all mortgage applications, nearing a post-pandemic high, per the Mortgage Bankers Association.
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Mortgage update highlights adjustable-rate options
A fresh Monday update on average mortgage rates is steering home shoppers to look closely at adjustable-rate mortgages as the spring buying season approaches. The briefing, aimed at helping borrowers ...
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