Tag Archives: interest rate
Low rates may linger — or not
Mortgage interest rates peaked about month ago and have been on a downward trend since then. This week, rates may flatten out as investors weigh the latest economic data and try to suss out whether the recovery is in fact faltering or picking up steam…. Continue reading
Posted in Mortgages
Tagged interest rate, loan rates, mortgage rates, Mortgages
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Are hybrids worth the risk?
The sharp rise in mortgage interest rates has presented a challenge for borrowers who want to buy a home or refinance an existing mortgage, but don’t like the slightly higher payment they now face.
One popular solution is a hybrid mortgage, which has a… Continue reading
Posted in Mortgages
Tagged fixed-rate mortgage, hybrid mortgage, interest rate, Mortgages
Comments Off on Are hybrids worth the risk?