Mortgage rates valid as of 26 Jul 2019 08:33 am CDT and assume borrower has excellent credit (including a credit score of 740 or higher). Estimated monthly payments shown include principal, interest and (if applicable) any required mortgage insurance. ARM interest rates and payments are subject to increase after the initial fixed-rate period (5 years for a 5/1 ARM, 7 years for a 7/1 ARM and 10.
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Young homebuyers scramble as prices rise faster than incomes Young homebuyers scramble as prices rise faster than incomes .. home values in more than three-quarters of U.S. metro areas have climbed faster than incomes, according to an Associated Press.
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