If you want to avoid uncertainty and preserve the rate in your mortgage loan offer, get a mortgage interest rate lock. Interest rate locks can offer peace of mind to borrowers, but they are ...
Meanwhile, the average APR on a 15-year fixed refinance mortgage is 6.04%. This same time last week, the 15-year fixed-ratemortgage APR was 6.19%. The average APR on the 30-year fixed-rate ...
British homeowners were left particularly exposed to rising interest rates after mortgage brokers convinced them to sign shorter-term deals, according to research by the Bank of England.