You Searched For "adjustable rate mortgage" and got 20 results
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2 mins read
Fed trims interest rates by 50 basis points, gold prices touch record-high
Per chairman Jerome Powell, the decision was taken in light of easing inflationary pressures in the…
3 mins read
Get ready for inflation and interest rates to rise again
One of the first things Trump is expected to do in the White House is enact tariffs on imported goo…
Ayelet Sheffey
2 mins read
Mortgage rates spike above 7% for the first time this year as the market adjusts to delayed Fed cuts
March saw the largest monthly drop in existing home sales in over a year, the National Association …
Yuheng Zhan
2 mins read
Why mortgage rates are doomed to stay above 7% for the foreseeable future
Mortgage rates were supposed to fall back toward 6%, but with the Federal Reserve keeping borrowing…
Filip De Mott
2 mins read
Existing home sales hit a 14-year low as homebuyers hold out for lower rates that may not come
Homebuyers have stayed on the sidelines, waiting for lower mortgage rates. Based on how things are …
Filip De Mott
3 mins read
It'll be a while before you feel today's interest-rate cuts
The Federal Reserve finally cut interest rates, but it could take time to see the relief reflected …
Ayelet Sheffey,Madison Hoff
2 mins read
The Fed gives the US its first jumbo interest-rate cut in 4 years
The Federal Reserve announced an interest-rate cut of 50 basis points on Wednesday, the first in fo…
Ayelet Sheffey
2 mins read
Homebuyers react more to changes in mortgage rates than actual rates, Compass CEO says
"A key question is will the Fed lower rates in the March meeting before the spring market, or in th…
Aruni Soni
1 min read
Home buyers are holding their breath for rate cuts as existing home sales plunge to lowest since the pandemic
Existing home sales fell 1% in August from July, reaching their lowest level since the pandemic, ac…
Kelly Cloonan
1 min read
The housing market is seeing a resurgence as sinking mortgage rates unlock more inventory and sales
"Another reason sales are ticking up is buyers and sellers are finally living in the same reality,"…
Filip De Mott
1 min read
The housing market is loosening up as mortgage rates sink, but 'window of opportunity could be narrow'
"I'm advising buyers to lock in a mortgage rate as soon as they drop to a number where they can mak…
Filip De Mott
2 mins read
From mortgage rates to home sales, here are Fannie Mae's housing market forecasts for the next 2 years
Today's housing market obstacles will remain through 2024, and total home sales will marginally imp…
Filip De Mott
5 mins read
I'm buying a house in 2024. Here's why I'm sticking with a traditional fixed-rate mortgage despite the trendier options promising to save me money.
I'm buying a house in Austin with a fixed-rate mortgage despite high interest rates and the increas…
Cork Gaines
1 min read
Home sales have plummeted to their lowest in 13 years as 8% mortgage rates batter the housing market
High mortgage rates have taken a toll on the US housing market, with the 30-year fixed mortgage hit…
Jennifer Sor
1 min read
Applications for home loans have plunged to the lowest level since 1996 as mortgage rates notch 23-year highs
The housing affordability picture deteriorated further in the the past week, as mortgage rates hit …
Jennifer Sor
5 mins read
What is a balloon mortgage, and should you get one?
Balloon mortgage monthly payments are smaller than with a regular mortgage, but you'll make a large…
Laura Grace Tarpley, CEPF
1 min read
The 30-year mortgage rate is back above 7% for the first time since March
Climbing rates have cut into home purchases and refinancing activity in May, and low inventory cont…
Phil Rosen
1 min read
Here's the magic number for mortgage rates that could revive demand from home buyers
Mortgage rates and home prices still have more room to drop before buyers think the housing market …
Jennifer Sor
1 min read
Lumber prices fall as mortgage rates hit fresh 13-year high to edge closer to 6%
"Fixed mortgage rates have increased by more than two full percentage points since the beginning of…
Brian Evans
2 mins read
Mortgage rates keep falling but applications for home loans are down because listings are drying up
The 30-year fixed mortgage rate fell to 6.40% from 6.45% in the last week of March, but homebuyers …