Fixed-rate mortgage Proof of funds Short sale 
Marco Santarelli
APRIL 27, 2025
High Mortgage Rates Are the Big Story: As of mid-April 2025, the average 30-year fixed-rate mortgage was hovering around 6.83% , according to Freddie Mac data mentioned in the report. a year prior, it's still historically high compared to the ultra-low rates we saw a few years ago.
The Close
DECEMBER 29, 2022
It’s kind of like a fixed-rate mortgage and an adjustable-rate mortgage had a baby. A convertible ARM is a mortgage with a much lower interest rate at the start of the loan, where the interest rate fluctuates during the life of the loan, usually every six months. Fixed-rate mortgage.
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