Rates for new 30-year loans moved lower again Thursday, dropping to their cheapest level since mid-March. Rates fell for many ...
After notching a six-week high two weeks ago, 30-year refi rates have since dipped and are mildly bobbing in lower territory.
Kofi has a 7.25% fixed-rate mortgage but was recently offered a “teaser” 6.2% 5/1 adjustable rate mortgage (ARM). He’s 30 ...
As HELOC rates inch closer to 8 percent, home prices hit a benchmark of their own: the 20th all-time high in a row.
The Fed made three cuts to its benchmark interest rate in late 2024. It lowered the federal funds rate by half a percentage ...
Lenders offer teaser rates on home equity lines of credit (HELOCs) for a limited time to attract borrowers and increase business. To qualify for these rates, though, borrowers often must meet ...
We also discuss how to spot predatory lenders and demystify HELOC teaser rates. Rising home prices have left many homeowners with a record amount of equity. But just because your housing stake may ...