If you’ve been looking for a home lately, you’ve probably felt how tough affordability still is. And that’s exactly why more buyers are opting for adjustable-rate mortgages, or ARMs. Here’s what you need to understand about how they work, and whether they make sense for you. What Is an Adjustable-Rate Mortgage? Since a lot of […]
Thinking About an Adjustable-Rate Mortgage? Here’s What You Need To Know. Read More »
Mortgage applications decreased 0.8% from one week earlier, according to data from the Mortgage Bankers Association (MBA)’s weekly mortgage applications survey for the week ending April 3. On an unadjusted basis, the index decreased 1% compared with the previous week. The refinance index decreased 3% from the previous week and was 4% lower than the same
Mortgage applications edge down as refis stall, purchase demand weakens Read More »
More than 52,000 homes in Florida and Arizona have slashed asking prices as the once-red-hot Sunbelt market faces its most significant correction since the post-2008 recovery. Roughly 45% of all listings in Arizona and 44% in Florida now carry price reductions — far exceeding the 34.4% national average, according to HousingWire Data. Arizona leads nationally
Nearly 1 in 2 home listings cut prices in Florida, Arizona Read More »