Taylor-Brown Real Estate Talks

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The latest news in mortgage interest rate from around the blogosphere:

Mortgage Rates Inch Up - Homebuyer Applications Decreased Again …

30 year fixed-rate mortgage interest rates increased back above the 5 percent mark hitting 5.03 percent, up from 4.94 percent, with fees increasing as well to 1.34 percent from 1.09 percent on loans that are 80 percent of the value of …

Benefits of Refinancing your Mortgage |

However, many homeowners later feel that they would prefer the security of a fixed rate mortgage. Refinancing means that it’s possible to switch from an adjustable to a fixed interest rate, or vice versa, to ensure you have the mortgage …

If you have an ARM, what do you do? « The Mortgage Blog

These mortgage loans, generally fixed for 3 years or 5 years, 7 years or 10 years, allowed consumers to save thousands of dollars in interest by having an interest rate below the rate of a fixed rate mortgage. …

The Pros and Cons of Adjustable Rate Mortgage | Business …

The initial interest rate on an adjustable rate mortgage looks great on paper. Most often, the adjustable rate mortgage inserts rate is much lower than a fixed rate mortgage, which also means that the payment is lower. …

Related articles by Zemanta

• The New ARM Debate (hsh.com)
• What’s the difference between a Fixed Rate and an Adjustable Rate Mortgage? (ARM) (eddieoneverything.com)
• Home Refinancers Save $3 Billion (zillow.com)
• A Look at 2010 Home Loan Rates (homeloans.org)

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