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When it comes to financing a home, choosing the right type of mortgage is one of the most important decisions you’ll make. Two of the most common options are fixed-rate mortgages and adjustable-rate mortgages (ARMs). Each has its own benefits and is suited for different financial situations. Let’s explore the key differences between these mortgage … Continue reading Exploring Fixed-Rate vs. Adjustable-Rate Mortgages (ARMs)
Market Comment Mortgage bond prices finished the week near unchanged which kept rates in check. Trading was thin on both sides of the holiday Wednesday. Prices were volatile but moved within tight ranges. Buyers emerged early in the week which helped rates improve slightly. FHFA housing rose 0.4% vs 0.5% which set the tone for … Continue reading MIG Market Watch, January 6th, 2025
