Mortgage interest rates just fell to an 11-month low last week and they are likely to continue to fall in the weeks ahead. With a Federal Reserve rate cut all but a certainty now (the dispute lies ...
According to the Mortgage Bankers Association, the number of ARM applications jumped 25% last week, to their highest level in three years. Adjustable-rate mortgages — ARMs in real estate lingo — are ...
More homebuyers are turning to adjustable-rate mortgage loans to keep their payments affordable. It's easy to understand why.
An adjustable-rate mortgage, or ARM, can seem like an enticing offer, as they often offer initially lower rates than the more standard fixed-rate mortgage. But later on, the rate is subject to change ...