Advantages of an adjustable-rate mortgage (ARM)

When it comes to purchasing a property, homeowners generally have two choices unless they have enough cash on hand: either to finance a home with a fixed-rate mortgage or an adjustable-rate mortgage (ARM). A fixed-rate mortgage protects borrowers from an unexpected and significant increase in interest rate. If the market has shown, rates can change […]

How does the stock market affect the mortgage rate?

When stock markets witness dramatic swings, you may notice their effect on mortgage rates. While they are not directly connected, their foundation lies in the basic movement of the economy. It is like a series of circular chains that connect each entity together. While each are independent of each other, when one of them is […]

How does a 10-year treasury affect the mortgage rate?

Treasury bonds and mortgage interest rates tend to move together, therefore they should be understood relative to one another. In this article, we will be introduced to how the 10-year treasury affects the mortgage rate. How does the 10-year treasury work and affect the mortgage rate?  Companies sell bonds and investors can become bondholders and […]