These are today's mortgage and refinance rates. Mortgage rates remain elevated, and they might not drop much this year unless ...

SOFR is a benchmark rate which certain variable rate financial products, for example certain mortgages, can be tied to.

Mortgage rates have more than doubled from recent lows in 2021. They're not poised to fall much any time soon, economists ...

One of the main reasons homeowners choose an ARM is to benefit from lower initial interest rates during the first few years.

including adjustable-rate mortgages. But over recent years, it’s been completely replaced by SOFR, the Secured Overnight Financing Rate. Enough with the acronyms. Why does it matter for you?

FHA ARM loans only require a 3.5% down payment, but paying that amount means you’ll have to pay mortgage insurance premiums for the life of the loan. Fixed-rate mortgages are often considered a ...

Adjustable-rate: Adjustable-rate mortgages (ARMs) start with a fixed rate for a set period and then adjust at regular intervals. NFCU offers ARMS with fixed rates for the first three or five years.

Will savings on refinancing outweigh closing costs? First do the math Daniel has 10+ years of experience reporting on investments and personal finance for outlets like AARP Bulletin and ...