Posts with tag Adjustable-rate mortgages

There isn't much written about the issue in the national media, where the focus is on gun violence and fiscal cliffs, but the U.S. is in the midst of a mortgage refinancing boom that should continue well into 2013. According to the Washington, D.C.-based Mortgage Bankers Association's weekly applications survey,... Continue Reading »

Roundly blamed as one of the key reasons behind the collapse of the housing market, the once-popular ARMs--adjustable-rate mortgages that started low and then adjusted to higher and less affordable payments--have crept back into the marketplace. The home-loan product that was virtually eradicated during the housing bust is... Continue Reading »

An Adjustable-Rate Mortgage that only goes down? Sounds too good to be true. But that's what a Virginia startup is promising. But first, the background. If you've refinanced your mortgage without paying closing costs, there's a good chance that you're still paying for the privilege, in the form of a "yield spread... Continue Reading »