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Making Sense of Today's Interest Rates
Mortgage interest rates have risen sharply in the past year, having bumped around the 3% -4% range for the last decade. After getting so accustomed to that range of rates, many borrowers are strugglin Jun 13, 2023
Adjustable-Rate Mortgages – The Most Frequently Asked Questions
In today’s real estate market with rising interest rates and high home prices, potential homebuyers are looking in every direction for ways to make home ownership more affordable. One option might be Mar 16, 2023
What is the Difference Between a Mortgage Interest Rate and the APR?
As you start applying for a mortgage loan, you will probably hear the terms “APR” and “mortgage interest rate” a lot from lenders. What do these mean, what is the difference between them, and how do t Jan 24, 2023
Should I Refinance My ARM Loan to a Fixed-Rate Mortgage?
Long-term mortgage interest rates have more than doubled in the past year and hit 14-year highs as of September 2022. If you bought a home in recent years with an adjustable-rate mortgage (ARM), it pr Oct 25, 2022
What The Latest Fed Rate Hike Means for Mortgages
The Federal Reserve’s September interest rate hike marks the fifth straight increase in 2022. What does that mean for the mortgage world? Fed Rate Hikes The Federal Reserve is in charge of maintaining Oct 18, 2022