The average interest on a 30-year fixed-rate mortgage climbed to 3.09% on Tuesday, according to Yahoo Finance. That’s up from 2.88% a week ago.Mortgage rates are inversely tied to the…
Tag: mortgage rates
Mortgages: Fixed vs Variable Home Loans
Fixed loan: Loan for a specific time period at a fixed rate Variable loan: Loan with a rate that fluctuates base on terms selected by borrower at origination. For…