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Tag Archives: ARMS

ARMs Offer Largest Savings Since 2015

As mortgage rates surge at their fastest pace in decades, a new Redfin study revealed that homebuyers could save more than $15k over five years by taking out an adjustable-rate mortgage rather than a typical 30-year fixed-rate mortgage.

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Fixed-rate Mortgages Still the Loan of Choice


90 percent of Reverse Mortgage Backed Securities include fixed rate loans, meaning U.S. mortgage borrowers still choose fixed-rate mortgages as their loan of choice. With the upcoming end of LIBOR, the common ARM index, see what makes fixed rates the preferred loan.

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Rising Rates or Not, Borrowers Get Set for Summer


Despite an uptick in mortgage rates, more homebuyers are borrowing as they prepare for the summer homebuying season, according to a report. Click through to learn more about the other origination numbers that are rising with the mercury.

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