Why You Don’t Need To Fear the Return of Adjustable-Rate Mortgages
If you remember the housing crash back in 2008, you may recall just how popular adjustable-rate mortgages (ARMs) were back then. And after years of being virtually nonexistent, more people are once again using ARMs when buying a home. Let’s break down why that’s happening and why this isn’t cause fo
Mortgage Rates Getting Close to 7%
The real estate market has been in flux lately, with mortgage rates continuing to rise. In fact, the average long-term U.S. mortgage rate climbed to just under 7% this week – the highest level in years. This has many homebuyers and real estate professionals concerned, as it could impact the overall
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