Most Refinance Loans Are Fixed Rate Mortgages
admin2010-11-15T21:48:31-07:00November 15 2010 (Chris Moore) Freddie Mac has reported that over 95 percent of all refinanced mortgages in the third quarter of 2010 were fixed rate loans. The 30 year fixed rate mortgage was the most preferred loan by those who had previously either had a 30 year mortgage before or had an adjustable rate [...]