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What is a Fixed-Rate Mortgage?

Zolo

Learn all about fixed rate mortgages and whether this mortgage type is right for you. The post What is a Fixed-Rate Mortgage? appeared first on Zolo.

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Seeing Greene: Retiring Early, ARMs vs. Fixed-Rate Mortgages, & When to Sell

Bigger Pockets

Want to retire early? Real estate investing might be your best bet. Looking to boost your cash flow and expand your real estate portfolio, too? In today’s show, we’re sharing […]

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Mortgage rates continue a downward trend in the twilight of 2023

Housing Wire

As we prepare to bid adieu to 2023, mortgage rates this week again stayed below seven percent. The 30-year fixed-rate mortgage averaged 6.61% as of Dec. 28, a slight decrease from the 6.67% rate recorded on Dec. 21 according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday.

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Fixed-rate mortgages favoured by first-timers; hybrid mortgage introduced

REM Online

The original post can be found at the following URL: Fixed-rate mortgages favoured by first-timers; hybrid mortgage introduced. A recent survey by BMO says 57 per cent of homeowners are planning to opt for a fixed-rate mortgage.

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Mortgage rates sit still in the first week of 2024

Housing Wire

In the first week of 2024, mortgage rates continued to stick around the mid 6% mark. The 30-year fixed-rate mortgage averaged 6.62% as of Jan. 4, a slight increase from the 6.61% rate recorded on Dec. 28 , according to Freddie Mac ‘s Primary Mortgage Market Survey released on Thursday.

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ARM vs. Fixed-Rate Mortgage: Which Home Loan Is Better for You?

Realtor.com

Two of the main types of mortgages home buyers consider getting are a fixed-rate mortgage and an adjustable-rate mortgage, or ARM. In a nutshell, a fixed-rate mortgage has an interest rate that stays the same over the life of the loan. Fixed-rate mortgage.

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Fewer people are submitting mortgage applications

Housing Wire

The average contract interest rate for 15-year fixed-rate mortgages increased to 2.56% from 2.53% The average contract interest rate for 5/1 ARMs saw another week of dramatic fluctuation, increasing to 2.54% from 2.81%. The post Fewer people are submitting mortgage applications appeared first on HousingWire.