Tag Archives: Fixed rate mortgage

Buying or Refinancing a Home?

Seven do-it-yourself tips for choosing and managing a mortgage Do you have a mortgage loan or are you in the market for one? With new disclosures and other consumer protection rules, and fluctuations in interest rates, it’s good to review … Continue reading

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The Comeback of the Adjustable Rate Mortgage

Adjustable-rate mortgages, also known as ARMs or variable-rate loans, have been out of favor with many people in recent years because of the low interest-rate environment and the perception that rising payments on ARMs contributed to foreclosures during the recent … Continue reading

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Mortgage Rates Hit Historic Lows

Every Thursday Freddie Mac releases the national average for 30-year and 15-year mortgage rates.  This year has been filled with historically low rates.  In this weeks release, the average rate on a 30-year fixed rate mortgage was 3.75%!  Last year … Continue reading

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