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Category: Interest Rates

Adjustable-Rate Mortgages

A Strategic Approach to Adjustable-Rate Mortgages

In today’s market, where interest rates can shift unpredictably, achieving homeownership through conventional fixed-rate mortgages might feel out of reach for many. However, before letting go of your homeownership dreams,
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Credit Score

The Impact of Your Credit Score on Interest Rates

In the intricate dance of acquiring a mortgage, your credit score takes center stage, dictating the interest rate that can either make your dreams of homeownership a reality or a
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Understanding When to Lock Your Rate

In the labyrinth of homeownership, one question frequently echoes: When is the opportune moment to lock in your mortgage rate? It’s a financial crossroads that demands careful consideration and strategic
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Federal Reserve's Role

The Federal Reserve’s Role in Shaping Mortgage Rates

What is the Federal Reserve’s role in shaping Mortgage rates? In the dynamic world of the American economy, one institution holds the reins, steering the course—the Federal Reserve, affectionately known
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Do Mortgage Rates Change

How Often Do Mortgage Rates Change?

When you are ready to buy a house or refinance your existing home loan, getting the best mortgage interest rate is key to minimizing your total borrowing costs. You may
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Making Sense of Today’s Interest Rates

Mortgage interest rates have risen sharply in the past year, having bumped around the 3% -4% range for the last decade. After getting so accustomed to that range of rates,
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Adjustable-Rate Mortgages – The Most Frequently Asked Questions

In today’s real estate market with rising interest rates and high home prices, potential homebuyers are looking in every direction for ways to make home ownership more affordable. One option
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What is the Difference Between a Mortgage Interest Rate and the APR?

As you start applying for a mortgage loan, you will probably hear the terms “APR” and “mortgage interest rate” a lot from lenders. What do these mean, what is the
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Should I Refinance My ARM Loan to a Fixed-Rate Mortgage?

ly, iLong-term mortgage interest rates have more than doubled in the past year and hit 14-year highs as of September 2022. If you bought a home in recent years with
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What The Latest Fed Rate Hike Means for Mortgages

The Latest Fed Rate Hike September interest rate hike marks the fifth straight increase in 2022. What does that mean for the mortgage world? Fed Rate Hikes The Federal Reserve
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