Tag: mortgage refinance 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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