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With LIBOR Low, Don’t Rush To Refinance Your ARM

Is your mortgage scheduled to adjust this season? You may want to let it. . . . → Read More: With LIBOR Low, Don’t Rush To Refinance Your ARM

Mortgage Rates Expected To Rise On A Strong Job Report

When jobs come back, analysts say, so does the economy. That should push mortgage rates higher. . . . → Read More: Mortgage Rates Expected To Rise On A Strong Job Report

Friday’s Jobs Report Represents A Big Risk To Low Mortgage Rates

At 8:30 AM ET Friday, the government’s Bureau of Labor Statistics will release its November Non-Farm Payrolls report. Have you been floating a mortgage rate? It may be time to lock. . . . → Read More: Friday’s Jobs Report Represents A Big Risk To Low Mortgage Rates

Adjustable Rate Mortgages Adjusting To 3.000 Percent Right Now

If your ARM is due to adjust this spring, your best move may be to let it. Don’t rush to refinance — your rate may be adjusting lower. . . . → Read More: Adjustable Rate Mortgages Adjusting To 3.000 Percent Right Now

Comparing Mortgage Rates For Adjustable- And Fixed-Rate Mortgages

Currently, relative to fixed rate mortgages, ARM pricing is excellent. Freddie Mac’s weekly Primary Mortgage Market Survey puts the 5-year ARM mortgage rate lower than the 30-year fixed rate mortgage rate by 1.02 percent. . . . → Read More: Comparing Mortgage Rates For Adjustable- And Fixed-Rate Mortgages