Friday, September 18, 2020

What the Fed's Extended Low Rate Means for Mortgages

What the Fed's Extended Low Rate Means for Mortgages: The Federal Reserve voted Wednesday to leave its benchmark lending rate—what banks charge one another for short-term borrowing—unchanged and near zero.

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Thinking about an Adjustable-Rate Mortgage? Read This First.

  Thinking about an Adjustable-Rate Mortgage? Read This First. If you’ve been house hunting lately, you’ve probably felt the sting of today’...