Tag: US Mortgage Rates

'Why Is Using A Reverse Mortgage More Preferable When Acquiring A New Home?

Using reverse mortgage may not only provide a more easy way for senior citizens to easily purchase homes that are more comfortable and relative to their lifestyle but also enables them to save more on what they can spend when acquiring properties through other means.

'Higher Interest Rates May Be Bad for Borrowers but Good for the Nation

Whereas property prices fell steeply during the subprime mortgage crisis as an impact of the global financial crisis, increasing interest rates may be a good thing as an indication of economic recovery.

'Mortgage Rate Rises to 3.80 Percent, Freddie Mac Survey Reveals

The mortgage rates based on Freddie Mac survey are significantly higher than last week's rates.
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