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On the House: Comparing Different Money-Saving Mortgages That Come With Some Big Catches

Realtor.com

Getty Images / Realtor.com When it comes to making the largest purchase of their lives, most homebuyers would prefer to play it safe in choosing a loan. That’s why fixed-rate mortgages, the gold standard of home loans, have long been the most popular. Shop around for a mortgage. They’re all set.

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On the House: Comparing Different Money-Saving Mortgages That Come With Some Big Catches

Realtor.com

Getty Images / Realtor.com When it comes to making the largest purchase of their lives, most homebuyers would prefer to play it safe in choosing a loan. That’s why fixed-rate mortgages, the gold standard of home loans, have long been the most popular. Shop around for a mortgage. They’re all set.

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With Mortgage Rates Rising, Is an Adjustable Rate Right for You?

Lighter Side of Real Estate

Which means you’ve probably been reading or hearing about adjustable rate mortgages making a comeback. The 30-year fixed rate mortgage has been so historically low, they haven’t been all that necessary to consider. So your rate isn’t fixed for the life of the loan.

Mortgages 141
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What Happens to My Mortgage if the Housing Market Crashes?

Marco Santarelli

Due to the crash, there may also be short sales and foreclosures, offering you the opportunity to acquire a deal. Many homebuyers may feel that obtaining a mortgage is too risky. Recessions are temporary pauses in an otherwise booming economy, but they have an impact on the housing market and interest rates. recessions.

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5 predictions for the 2022 housing market

Housing Wire

2021 was an extraordinary year for the housing market: mortgage rates at an all-time low, record high annual growth in single-family prices and rents, lowest foreclosure rates in a generation and the largest number of home sales in 15 years. for 30-year fixed-rate loans. for 30-year fixed-rate loans.

Marketing 545
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Miami Real Estate Records Best August Sales Month in History

Realty Biz

With interest rates still at record lows, many South Florida homeowners have refinanced their home loans. So not only are many homeowners paying lower mortgage payments today; they are doing so while their wealth (home equity) has significantly increased. Home equity can be tapped for renovations, college loans and more.

Sales 105
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Miami-Dade Total Home Sales Continue Surging in January 2021

Realty Biz

According to Freddie Mac, the average commitment rate for a 30-year, conventional, fixed-rate mortgage was 2.74% in January, up from 2.68% in December. The average commitment rate across all of 2020 was 3.11%. Lack of access to mortgage loans continues to inhibit further growth of the existing condominium market.

Sales 91