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Mortgage

Mortgage interest rates are rising

BAY COUNTY, Fla. (WJHG/WECP) - Interest rates are rising. So if you're in the market to buy a home, what you can afford now might be different.“As interest rates go up, their payment is going to go up, so they're going to be able to…

What is a Mortgage Prisoner?

Do you feel trapped with an average mortgage rate but no way out? Welcome to the world of the Mortgage Prisoner. Like bees to honey, Australians are racing to refinance their home loans to a better deal due to rising…

Mortgage rates continue to move

MCLEAN, Va., June 23, 2022 (GLOBE NEWSWIRE) -- Freddie Mac (FMCC) today released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year Fixed Rate Mortgage (FRM) averaged 5.81%. “Fixed mortgage rates have risen…

Reverse Mortgage Scam | the ascent

If you run into financial problems as you get older, you might be tempted to take out a reverse mortgage. After all, reverse mortgage companies make it look like you're borrowing from yourself. Here, we'll lay out the good, bad, and…