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Loan Modification

: The Truth About Mortgage.com

15-Year Fixed Gains in Popularity

By scot184

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With mortgage rates at or near record lows, homeowners are ditching adjustable-rate mortgages in favor of fixed loans, including shorter-term products like the 15-year fixed. The traditionally less-popular loan type accounted for nearly 20 percent of refinance applications in October, according to data from the Mortgage Bankers Association, compiled by the WSJ. That’s more than double the [...]

Full post as published by The Truth About Mortgage.com on December 16, 2009 (boomark / email).

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