Why You Should Refinance Now If You Have an Adjustable Rate Mortgage (Benton Evening News)
(ARA) - If you took out a mortgage on your home between 2002 and 2005, chances are good you ended up going with an adjustable rate mortgage or ARM. Back then, it was just too good of a deal to pass up.
CORRECT: U.S. mortgage rates edge lower: Freddie Mac (Market Watch)
CHICAGO (MarketWatch) -- U.S. mortgage rates edged lower in the week ending Thursday, with the national average on the benchmark 30-year, fixed-rate loan hitting 6.37% vs. 6.42% a week earlier, Freddie Mac said in its weekly survey. The 15-year, five-year hybrid adjustable-rate and one-year ARM also inched down. The declines follows three weeks in which rates on longer-term mortgages had risen. ...
If You Have an Adjustable Rate Mortgage, Why You Need to Refinance Now (Benton Evening News)
(ARA) - When you signed up for that adjustable rate loan a few years back, it probably seemed like a deal too good to pass up. But fast forward to the present, and you're probably starting to get a little nervous.
Mortgage demand falls despite interest rate dip (USA Today)
Mortgage applications fell for a second week, largely reflecting a drop in demand for home refinancing, an industry group said Wednesday.
U.S. Mortgage Rates Edge Lower: Freddie Mac (Nasdaq)
U.S. mortgage rates edged lower in the week ending Thursday, with the national average on the benchmark 30-year, fixed-rate loan hitting 6.38% vs. 6.42% a week earlier, Freddie Mac said in its weekly survey.