An interest rate cut issued in September was widely anticipated by a wide range of Americans, but arguably most strongly by current homeowners. This group, specifically those who purchased a home ...
The Federal Reserve’s rate cut this week is rippling through the housing market, sending mortgage rates lower and spurring a jump in refinancing. The 30-year fixed mortgage rate averaged 6.26% for the ...
More buyers are turning to adjustable-rate mortgages, which offer lower initial rates than fixed-rate loans. Some ARMs could shave almost a percentage point off the 30-year fixed rate, recent data ...
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