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Are higher interest rates a good time to buy a house? The answer to that question depends on your own situation. As long as you have enough money to make a down payment and a buffer for unexpected events, now is a good time to buy ...
Are high mortgage rates discouraging buyers from purchasing homes? A growing number of buyers are giving up on home purchases because of higher rates. In June, nearly 60,000 home purchase deals fell through, representing nearly 15 percen...
Adjustable rate mortgages have made a comeback, and it's no wonder: last week, interest rates on these loans hit a 14-year high. In the past, they helped homebuyers offset rising borrowing costs. But now, new rules have made th...
If you are considering refinancing your mortgage, you may be wondering what are today's mortgage rates. Mortgage rates are constantly fluctuating and are largely affected by the state of the economy. They often move ahead of the fe...
Are rising mortgage rates discouraging home buyers? Some real estate experts say yes. But a recent study by economist John M. Quigley at the University of California, Berkeley, found that the likelihood of homeowners moving drops...
It seems that adjustable-rate mortgages are back! While they gained a bad reputation during the housing crisis, these loans are back. Their low introductory rates encouraged home buyers to stretch their budgets. However, when the loans reset...
You probably have been wondering, "What are today's mortgage rates?" You can't blame them - interest rates are subject to a wide variety of factors, from inflation to the Federal Reserve. While these factors can affect interest rates, they als...
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