April 20, 2025

interest rate

Mortgage

More Homebuyers Are Opting for ARMs in 2025. Is That a Good Idea?

As mortgage rates rise, more borrowers are looking for ways to keep their homebuying costs down. Could an adjustable-rate mortgage be the way to do that? On Wednesday, the Mortgage Bankers Association reported that for the week ending April 11, 2025, the share of borrowers applying for ARMs rose to its highest level since November

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Mortgage

Mortgage Rates Are Going Down. That’s Not Necessarily a Good Thing.

Mortgage rates are trending downward from recent peaks. They could fall further if the economy continues to slow and the Fed cuts rates. However, that might not make it much easier to buy a house, some experts say. It’s getting cheaper to borrow money to buy a house. But would-be homebuyers shouldn’t celebrate prematurely. Lower

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