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Optimal Blue data shows modest lock volume growth as purchase activity levels off and investor demand for shorter-duration ...
Declining mortgage interest rates helped boost home loan applications for a second week, as the summer selling season is underway.
Today’s ARMs are much more regulated now than they were back in 2008. Here’s what to know about how they work — and when they can be a strategic way to navigate a complicated housing market.
See today's average mortgage rates for a 30-year fixed mortgage, 15-year fixed, jumbo loans, refinance rates and more — including up-to-date rate news.
A new report released Monday provides homebuyers with comprehensive information on average mortgage rates across various loan types. The data aims to help prospective homeowners make informed ...
For mortgage rates to continue falling, there needs to be signs of cooling inflation as well as additional Fed rate cuts.
A 5/1 adjustable-rate mortgage has an average rate of 6.19% today. You’ll typically get a lower introductory interest rate with a 5/1 ARM in the first five years of the mortgage.
Stay up to date on the current mortgage rates with Newsweek Vault. Our goal is to help you understand the why behind current mortgage rate fluctuations.
Check out an adjustable-rate mortgage (ARM): ARMs sometimes have lower interest rates than fixed-rate ones, especially if they come with an introductory teaser rate for a period of time.
The average interest rate for a standard 30-year fixed mortgage is 7.02% today, up 0.06% compared to one week ago. The average rate for a 15-year fixed mortgage is 6.19%, which is an increase of 0 ...
Adjustable-rate mortgages (ARMs) have grown in popularity in recent months as borrowers search for affordability relief anywhere they can find it. More than 7% of all mortgage applications last ...
The Fed paused rates again at its May meeting, so could mortgage rates finally fall? Here's what to expect now.