Blog > Mortgage Mix: Buyers Turning to ARMs Due to Elevated Rates; Compass Expands Its Mortgage Business
Mortgage Mix: Buyers Turning to ARMs Due to Elevated Rates; Compass Expands Its Mortgage Business
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Editor’s Note: The Mortgage Mix is RISMedia’s highlight reel of need-to-know mortgage-industry happenings. Watch for it every other Friday afternoon. The numbers: While mortgage rates had hit a peak and were nearing the high-end of the 7% range, they have now decreased for the third straight week to 7.18% for the 30-year fixed-rate mortgage and…
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