MORTGAGES

Want to buy a new home but keep your interest rate low? Try this simple mortgage hack

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Want to buy a new home but keep your interest rate low? Try this simple mortgage hack

High interest rates are one of the most significant hurdles buyers face when jumping into the housing market right now. As anyone who has bought a home in recent years knows, interest rates have more than doubled since 2020. For a 30-year fixed-rate mortgage, you’re looking at an average interest rate of somewhere between 6% … Read more

Do you have an adjustable rate mortgage? The clock is ticking, here’s what you need to do now

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Do you have an adjustable rate mortgage? The clock is ticking, here's what you need to do now

Today’s high interest rates have created a ticking time bomb for many homebuyers who took out an adjustable-rate mortgage near the start of the COVID-19 pandemic. About 330,000 homeowners who took out an ARM in 2019 have already seen their five-year fixed-rate term end, and another 100,000 will join them next year, according to ICE … Read more