The average rate on ARMs—6.5% to 7.21%, depending on the loan—is nearly equivalent to the average 30-year fixed rate of 6.95% as of July 5, according to Bankrate.
The post The Money-Saving Mortgage That Isn’t Working Right Now appeared first on Real Estate News & Insights | realtor.com®.
Author: Veronica Dagher
The Repairs That Will Help Sell Your House in a Cooling Market
More sellers are remodeling properties to avoid cutting prices, though some projects pay off more than others.
The post The Repairs That Will Help Sell Your House in a Cooling Market appeared first on Real Estate News & Insights | realtor.com®.
Buying a First Home Costs More Than You Think, Especially Now
The housing market has bidders waiving inspections and stretching budgets to stay competitive, but the rising costs of homes and home repairs make that a big risk.
The post Buying a First Home Costs More Than You Think, Especially Now appeared first on Real Estate News & Insights | realtor.com®.