In an era when housing affordability is severely strained, why isn’t the adjustable-rate mortgage more popular with Orange County house hunters? Local homebuyers who took out a mortgage chose an adjustable-rate loan just 15 percent of the time on...
Adjustable Mortgages Out Of Favor As Super Low Rates Push Homebuyers Towards Fixed-rate Loans
JONATHAN LANSNER, Orange County Register: Business
Sun, 11/29/2015 - 1:00am
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BING NEWS:
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The average 30-year fixed-rate mortgage was 7.22% for the week ending May 2, according to Freddie Mac's latest Primary Mortgage Market Survey.
05/2/2024 - 8:22 am | View Link - Mortgage rates up, but prices are real villain for homebuyers
Mortgage rates continued to rise for the week ending April 25. The 30-year fixed-rate mortgage averaged 7.23% APR, up seven basis points from the previous week’s average, according to rates provided ...
04/29/2024 - 3:25 am | View Link - Are you considering an adjustable-rate mortgage? Here are the pros and cons
As mortgage rates ... homebuyers are considering adjustable-rate mortgage loans to finance their home purchases. Adjustable-rate mortgages, or ARM for short, operate differently from fixed-rate ...
04/25/2024 - 6:06 am | View Link - More
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