Mortgage Rates Friday, Sept. 8: Fixed Rates Fall Again
Thirty-year and 15-year fixed mortgage rates fell two basis points each and the 5/1 ARM was unchanged, according to a NerdWallet survey of daily mortgage rates published by national lenders Friday morning. Which mortgages are less likely to end up in default: fixed-rate or adjustable-rate loans? Believe it or not, today's ARMs are less risky,…