Don’t worry about adjustable-rate mortgages, experts say



Housing analysts have raised concerns that borrowers are becoming increasingly reckless when taking out so-called adjustable-rate mortgages, similar to the way they were abused in the years before the Great Recession more than a decade ago. The problem is that borrowers are asking for much higher loan amounts than they have been in recent years. […]

Adjustable-rate mortgages grow more popular in expensive markets



More buyers are opting for adjustable-rate mortgages in order to cut costs amid rising interest rates, new data from CoreLogic shows. They’re doing so even as the potential savings between a fixed-rate mortgage and an ARM get narrower. According to Freddie Mac data, the average rate on both a 30-year fixed rate mortgage and a […]

Buyers are going all-out to win bidding wars



What with buyer demand reaching epic levels amid the ongoing housing inventory crisis, some shoppers are stretching their budgets to the max.