Schedule Details:
Length | 63 Hours (Over 2 Weeks)
Delivery | In-Person
Location | 7009 Dr Phillips Blvd #110 Orlando, FL 32819 United States
Dates | Dec 2 - Dec 13, 2024
Times | 5pm - 10pm EST
Frequency | Monday - Friday (Weekdays)
$495
Mortgage Rates Rise: A Window for Buyers Amid a Cloudy Future
Mortgage rates are climbing, with the 30-year fixed mortgage rate now at 6.64% and the 15-year fixed rate at 5.98%. This increase suggests a challenging landscape for potential refinancing, but a possible opportunity for homebuyers as competition wanes during the holiday season.
Which mortgage is right for you: fixed or adjustable rate?
In the world of mortgages, the debate between fixed rate and adjustable rate mortgages (FRM and ARM) rages on. FRMs provide consistency and protection against rising rates, while ARMs offer lower initial rates and flexibility. When choosing between the two, factors such as financial goals, economic conditions, time horizon, and risk tolerance must be considered. Ultimately, homeowners must weigh the pros and cons and seek professional advice before making a decision. After all, the right mortgage choice can have a lasting impact on one's financial well-being.
