Education Images/Getty Images A few key mortgage rates went up today. Average interest rates for 15- and 30-year fixed rate mortgages both increased, while 5/1 adjustable-rate mortgages also inched higher. Mortgage rates always fluctuate, but are currently lower than they have been in years. Because of this, now might be a good time to lock
Tag: Mortgage
Buying a home is one of the most important decisions you will ever make. It determines where your family lives, what area you live in, and how much home you can afford. But when it comes to buying a home there are many different types of mortgages such as home loans and mortgage loans. Which
H. Armstrong Roberts/Getty Images A few key mortgage rates increased today. Average rates for the 15-year and 30-year fixed mortgages both rose, while the average 5/1 adjustable mortgage rate also went up. Mortgage rates always fluctuate, but they are currently at historic lows. Now may be the right time to lock in a low fixed
Jim Lane/Getty Images A few important mortgage rates moved higher today. The average interest rates for both 15-year fixed and 30-year fixed mortgages both climbed higher. For variable rates, the 5/1 adjustable-rate mortgage also notched up. Although mortgage rates are always changing, they’re lower than they’ve been in years. Because of this, right now is
![[Types of Mortgage Loans] What Mortgage Is Right for Me?](https://www.point2homes.com/news/wp-content/uploads/sites/7/2021/08/mortgage-concept.jpg "[Types of Mortgage Loans] What Mortgage Is Right for Me?")
Image: MIND AND I / Shutterstock.com When buying a home, the vast majority of people need to take out a mortgage. But of the many different options, how do you know which is the right one for you? In this guide, we’ll take a quick look at the different types of mortgage loans available.
Jim Lane/Getty A few key mortgage rates receded today. The average rates for the 30-year fixed mortgage decreased, while the 15-year fixed mortgage rates held steady. The average rates for the 5/1 adjustable-rate mortgage also went down. Although mortgage rates always fluctuate, they’re currently at an all time low. That’s why now might be the