Categories for Adjustable Rate Mortgages

Mortgage Rates Roundup for June 20th, 2015

June 20, 2015 by Leave a comment

Mortgage rates showed some volatility this week, and ended up slightly lower than last week. The Federal Reserve, during its meeting on Wednesday, noted improvements in the housing and labor markets, and reaffirmed its position that it will raise rates sometime this year. While rates dipped down this week, the overall upward trend is expected to... View Article

Read More

Mortgage Rates Roundup for June 13th, 2015

June 13, 2015 by Leave a comment

Mortgage rates continued to rise this week, with the 30-year fixed rate reaching an eight-month high. “Mortgage rates rose above 4 percent for the first time since November 2014 as Treasury yields surged. Markets are responding to strong employment data. In May, the U.S. economy added 280,000 jobs. Moreover, job openings surged to 5.4 million in April, up... View Article

Read More

Mortgage Rates Roundup for June 6th, 2015

June 6, 2015 by Leave a comment

After dipping down slightly last week, mortgage rates reverted back to their ascending ways this week. Len Kiefer, chief economist at Freddie Mac said “If the Wednesday surge of Treasury yields persists, the impact on mortgage rates is likely to result in a bout of affordability shock to many housing markets across the country.” Industry... View Article

Read More

Adjustable-Rate Mortgages are Growing in Popularity: Is One Right for You?

October 15, 2014 by Leave a comment

There’s a lot of hype in the news these days regarding adjustable-rate mortgages. Why all the attention? At first glance, they seem like a great deal. The initial interest rates on adjustable-rate mortgages are usually extremely low when compared to fixed-rate mortgages. But these types of home loans have considerable downsides, too. Before you feel... View Article

Read More

Rising interest rates make ARMs more attractive with their lower rates. But what’s a better choice these days: a fixed mortgage or ARM?

June 30, 2014 by Leave a comment

Congratulations on making the decision to purchase a new home. For some, this may have been an arduous process, while for others, they may have found their new dwelling quickly. Regardless of the time spent, it’s just the beginning of the home-buying process. Next up is deciding which type of mortgage is for you: should you go with... View Article

Read More

Learning to Speak “Mortgage”

June 10, 2014 by 1 Comment

Buying a home is as exciting as it gets, but the mortgage process can get stressful if you don’t know the right terms. We’ve put together a short list of the most important and frequently used mortgage terms that will boost your confidence and help you relax when speaking with your loan officer. Mortgage Types... View Article

Read More