The Average Adjustable-Rate Mortgage Is Nearly $700,000. Here’s What That Tells Us.

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The size of the average adjustable-rate mortgage was $688,400, two and a half times larger than last week’s national fixed-rate mortgage average.

The post The Average Adjustable-Rate Mortgage Is Nearly $700,000. Here’s What That Tells Us. appeared first on Real Estate News & Insights | realtor.com®.

Americans Are Still Shunning Adjustable-Rate Mortgages 10 Years After the Crisis

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With fixed-rate mortgages near all-time lows, there’s been little reason for any borrower to take on interest-rate risk with an adjustable-rate loan.

The post Americans Are Still Shunning Adjustable-Rate Mortgages 10 Years After the Crisis appeared first on Real Estate News & Insights | realtor.com®.