Why Adjustable-Rate Mortgages Are Bad News Right Now

With mortgage interest rates as low as they are at the moment, you may be looking beyond fixed-rate options if you’re in the market to purchase a home or refinance an existing home loan. After all, while 30-year fixed mortgage rates are hovering around 2.75%, some adjustable-rate mortgages are in the very low 2% range. [&hellip

The post Why Adjustable-Rate Mortgages Are Bad News Right Now first appeared on The Truth About Mortgage.

Continue Reading →

5 Rampant Mortgage Myths You’ll Hear These Days—Completely Debunked

In such a quickly changing mortgage landscape, it’s easy for myths for circulate. Here’s the truth behind common mortgage mistruths you may hear today.

The post 5 Rampant Mortgage Myths You’ll Hear These Days—Completely Debunked appeared first on Real Estate News & Insights | realtor.com®.

Continue Reading →