Tag: mortgage interest rates

Mortgage rates rise as more homebuyers turn to adjustable-rate mortgages. (Pexel/Representative image) (Pexel)
Posted in Business

Mortgage rates rise as 30-year rates hit 6.85%, pushing more homebuyers toward ARMs as demand falls 2.7%

Mortgage rates moved higher last week, pushing some borrowers toward adjustable-rate mortgages (ARMs) as they looked for cheaper loan options. The rise in rates also…

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Mortgage rates today: The 30-year rate falls to 6.823%. (Pexel/Representatative image) (Pexel)
Posted in Business

Mortgage rates today: 30-year rate falls to 6.823% as Fed, inflation and Iran war drive rates

30-year mortgage rates edged lower today. The average interest rate on a 30-year home purchase mortgage is 6.823%, down from 6.843% on Friday, according to…

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