Similar Stories to In One Chart: The Average Adjustable-rate Mortgage Is Nearly $700,000. Here’s What That Tells Us. on Bing News

Adjustable-rate mortgage sizes are vastly bigger than fixed-rate loans, as mortgage lenders use them as a means of getting people access to homeownership at the lowest price possible.

BING NEWS:
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    Mortgage applications are now at their highest level in more than two years after an 11% jump during the week ending Sept. 20.
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  • Weekly Mortgage Applications Survey
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