Multiple factors drive the real estate market, with mortgage interest rates playing a key role. Recent trends have seen mortgage interest rates rise. The industry has felt a profound impact. Here, we explore how rising mortgage interest rates impact different…
If you've been considering buying a home, you may have come across the term "adjustable-rate mortgage" or "ARM." An ARM is a type of mortgage loan in which the interest rate is not fixed, but rather adjusts periodically. This type…
When interest rates are on the rise, it is easy for home buyers to get spooked. The home that once seemed so affordable at a 3% mortgage rate now seems out of reach when average mortgage rates are north of…
