Adjustable-rate mortgages made headlines in 2008 for being a factor in the housing crisis. Since the pandemic, these loans have seen a comeback and financial experts are warning borrowers who will see ...
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.
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 ...
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.
Hoping to buy a home or refinance your existing one? These are the mortgage rates to know right now.
More homebuyers are turning to adjustable-rate mortgage loans to keep their payments affordable. It's easy to understand why.
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 ...
With mortgage rates elevated, more borrowers are turning to adjustable-rate loans for relief. Adjustable-rate mortgages, or ARMs, made up about 10 percent of all mortgage applications in September — ...
The current average mortgage rate on a 30-year fixed mortgage is 6.18%, compared to 6.1% a week earlier, according to the ...
Freddie Mac’s average rate for a 30-year loan is 6.09% for the week ending January 22, nearly a percentage point lower than a year ago.
The current average mortgage rate on a 30-year fixed mortgage is 6.10%, according to the Mortgage Research Center. The ...