Latest / Mortgage Research Network Podcast
Mortgage Rates Above 7% Through 2027? What Borrowers Need to Know
Mortgage rates could remain above 7% through the end of 2027, according to the Mortgage Bankers Association. Fannie Mae has also raised its forecast, leaving homebuyers wondering when borrowing costs might finally come down. Tim Lucas examines what's keeping mortgage rates elevated, why Federal Reserve rate cuts don't necessarily mean lower mortgage rates, and what buyers should consider before making decisions based on rate predictions.
Meanwhile, adjustable-rate mortgages (ARMs) are making a comeback as buyers look for ways to lower their monthly payments. Tim explains how ARMs work, why…
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