Are you thinking of taking an adjustable rate mortgage? It certainly has its benefits, including a lower initial payment during…
Browsing: fixed rate mortgage
And alas! Just when all heads are turned up for a mortgage rate rise, survey data comes out to surprise.…
Last week, we reported a 7-base point decrease in average rates for the 30-year fixed-rate mortgage. But it doesn’t seem…
Both the 30-year fixed-rate mortgage and 5/1 adjustable-rate mortgage are payable in 30 years. That’s their only common ground; both…
Any mortgage discussion is incomplete without a topic on fixed-rate mortgages (FRM) and adjustable-rate mortgages (ARMs). They are the basic…