More homebuyers are opting into a risky type of mortgage in an attempt to save money

More homebuyers are opting into a risky type of mortgage in an attempt to save money

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Mortgage Rates Go Down and Stay Below 7% After Volatile Week

If you've been holding your breath waiting for the right time to buy a home, you can finally exhale a little. After a period of economic jitters that sent them soaring, mortgage rates have settled back under 7%. This offers a glimmer of hope for prospective homebuyers navigating the often-turbulent real estate market. The last few weeks have felt like a rollercoaster, haven't they? One minute you think you've got a handle on things, the next min…