The love-it-or-loathe-it adjustable rate mortgage (ARM) is seeing an uptick in activity as the Mortgage Bankers Association ...
Adjustable-rate mortgages made up about 10% of mortgage applications in September — the highest share in nearly two years.
If you're one of the many homeowners who chose an ARM to escape the fixed-rate mortgage climb starting in 2022, you might be eyeing a refinance soon. With ARM rates now adjusting to around 7% APR or ...
Mortgage applications fell 0.3% last week, but refinance activity surged 4% as mortgage rates hit a monthly low.
Adjustable-rate mortgages (ARMs) are making a comeback as home buyers seek relief from record housing costs. ARMs offer lower initial payments than ...
Borrowers are looking to save money on their monthly home loan payments, and ARMs are becoming popular for the short haul.
What Is a 5/1 ARM? (And Should You Get One To Snag a Lower Mortgage Rate?) Prospective homebuyers have been dealt a complicated hand in recent years. Mortgage rates are still high, home prices ...
With housing prices reaching generational highs, many borrowers are turning to adjustable-rate mortgages (ARMs) to afford their mortgage payments. These loans offer lower interest rates than ...
Before the crash of 2008, a decline in home prices was inconceivable to the market. Is the modern equivalent a Federal rate ...
Mortgage applications jumped sharply last week, driven by lower rates and a rebound in refinance activity. According to MBA’s ...