Home purchases and refinance applications rise from the previous week. But the Fed is expected to continue raising rates. What should you do if you have an adjustable rate mortgage?
The Fed's Rate Hikes Encourage Applications for Fixed Rate Mortgages
by Clayton Closson on October 20, 2005 in Market Update
Rates Expected to Rise Again – Time to Dis-ARM!
by Clayton Closson on October 11, 2005 in Mortgage Rates
The Fed has raised short-term interest rates nearly a dozen times in the last year. They're expected to raise them again in November. Find out why now is the time to convert your ARM into a fixed-rate mortgage.
Mortgage Applications Report Released, Week Ending September 16
by Clayton Closson on September 21, 2005 in Market Update
Mortgage applications rose by 1.5% last week. Find out how why and what homeowners are doing in response to the Fed raising interest rates.
Mortgage Applications Off 0.3%
by Clayton Closson on August 4, 2005 in Home Buying
The Mortgage Bankers Association reported that mortgage applications fell by less than one percent last week. See how the Federal Reserve meeting next week could impact applications.
Mortgage Applications Fall – Remain at Healthy Levels
by Clayton Closson on July 13, 2005 in Market Update
The Mortgage Bankers Association of America reported that mortgage applications fell last week by 7.2%. Find out why they slipped and what this means to the housing market.
Dis-ARM to a Low Fixed-Rate
by Clayton Closson on June 9, 2005 in Mortgage Rates
An unexpected drop in long-term mortgage rates is creating tremendous opportunities for homeowners. Find out why now is the time to refinance your ARM to a fixed-rate mortgage.
Mortgage Rates Drop To Refinancing Boom Lows
by Clayton Closson on June 1, 2005 in Mortgage Rates
Long term mortgage rates hit the mid 5% range on weaker than expected manufacturing activity in April. Mortgage rates are at historic lows right now, creating a unique opportunity for anyone considering refinancing or buying a home.
Why Would You Consider an ARM Now?
by Clayton Closson on March 25, 2005 in Market Update
The Fed announced Tuesday that rates have raised one-quarter percent. Find out why getting an ARM might be better than getting a fixed-rate mortgage, even in a rising rate environment.
Closing The Door On Holiday Debt
by Clayton Closson on January 12, 2005 in Mortgage Rates
'Tis the season to pay for the holidays. If looming credit card bills have you swimming in high-interest debt, you're not alone. Find out how you can use your home as a debt-shrinking tool.
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