Sterling Journal-Advocate8m
Average rate on 30-year mortgage hits 7%, its fifth straight increase and highest level since May
The elevated mortgage rates, which can add hundreds of dollars a month in costs for borrowers, have discouraged home shoppers ...
WLRN24m
Mortgage rates have climbed above 7%. Here's how we got here and what it means
It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability ...
WLRN24m
Fed cuts were supposed to lower mortgage rates, but they're back above 7%. Here's why
It's the first time since May 2024 that 30-year mortgage rates have hit that mark. High rates are adding to the affordability ...
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What is an interest-only mortgage and how does it work?
In the early 2000s, homebuyers gave in to the instant gratification of mortgages that allowed them to make interest-only ...