Similar Stories to Adjustable Rate Mortgages Might Not Be The Deals You Think They Are on Bing News

Borrowers need to know how their rate will change if it's pegged to the London Interbank Offered Rate or LIBOR, which will go away by the end of 2021.        

BING NEWS:
  • Adjustable-rate vs. fixed-rate mortgage: Which should you choose?
    Adjustable-rate and fixed-rate mortgages each have their pros and cons. Learn whether a fixed- vs. adjustable-rate mortgage is better for you.
    05/2/2024 - 9:34 am | View Link
  • Mortgage rates push higher with no relief in sight: Freddie Mac
    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 jump for 5th week, pressuring home sales
    Mortgage rates in the United States climbed for a fifth week, ratcheting up the pressure on homebuyers. The average for a 30-year, fixed loan was 7.22%, up from 7.17% last week, Freddie Mac said in a ...
    05/2/2024 - 6:44 am | View Link
  • Average long-term US mortgage rate rises for again, reaching highest level more than five months
    The average rate on a 30-year mortgage climbed this week to its highest level in more than five months, pushing up borrowing costs for prospective homebuyers in what's typically the housing market's ...
    05/2/2024 - 5:19 am | View Link
  • Buyers are taking on riskier adjustable rate mortgages as affordability worsens
    American homebuyers are taking on riskier adjustable rate mortgages to address affordability concerns despite the potential for payments to increase in the future.
    05/1/2024 - 11:11 am | View Link
  • More
BING SEARCH:
  • What Is An Adjustable-Rate Mortgage? | Bankrate
    Adjustable-rate mortgages (ARMs) come with an interest rate that changes at predetermined times, such as once a year. The rate can go up or down depending on economic factors. ARMs typically...
    05/1/2024 - 10:22 am | View Website
  • What Is An Adjustable-Rate Mortgage? | Rocket Mortgage
    An adjustable-rate mortgage (ARM), also called a variable-rate mortgage, is a home loan with an interest rate that adjusts over time based on the market. ARMs typically have a lower initial interest rate than fixed-rate mortgages, so an ARM is a great option if your goal is to get the lowest possible mortgage rate starting out.
    05/1/2024 - 7:02 am | View Website
  • What is an ARM Loan?
    Adjustable rate mortgages (ARM loans) have a set interest rate for an introductory period and then the rate adjusts every six months thereafter. The introductory rate period for ARM loans can last for 3, 5, 7, or 10 years. ARM loans are often a good choice for homeowners who plan to sell after a few years.
    05/1/2024 - 6:11 am | View Website
  • Adjustable-Rate Mortgage (ARM): What It Is and Different Types
    An adjustable-rate mortgage is a home loan with an interest rate that can fluctuate periodically based on the performance of a specific benchmark. ARMS are...
    04/30/2024 - 10:26 pm | View Website
  • Adjustable Rate Mortgage: How an ARM Works, Who It’s For
    What's an adjustable-rate mortgage? An adjustable-rate mortgage has an interest rate that changes periodically with the broader market. An ARM starts with a low fixed...
    04/30/2024 - 10:19 pm | View Website
  • More
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More News