Business

Today's mortgage and refinance rates: February 19, 2021 | Rates soar

14 days ago   |   By Business Insider

Table of Contents: Masthead StickySummary List Placement Since last Friday, mortgage and refinance rates have swelled considerably. However, they are still at all-time lows in general.
If you're prepared to buy a home or refinance, you should probably consider a fixed-rate mortgage instead of an adjustable-rate mortgage.
Darrin English, Senior Community Development Loan Officer at Quontic Bank , told Insider ARMs had sometimes been a better deal than fixed-rate mortgages in the past. But he said you could currently secure a lower rate with a fixed term without chancing a future ARM rate...
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