Tag Archive for: adjustable rate mortgages

Why ARMs Remain Awful; Is Crypto Cool for Mortgages? Rates Lower Than Last Year!

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Borrowers still frequently request ARMs because they have short-term time horizons and want to save as much as they can on their mortgages. They either expect to move or sell in under 5 years, or they’re expecting a liquidity event (very common in Austin and the San Francisco Bay Area) that will enable them to pay off their mortgages. BUT – the problem is that ARM rates are not lower than 30-year fixed rates.Read More

Rates Hit 23-Year High (I Hate It When That Happens)

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Mortgage interest rates rose yesterday largely in response to the release of Fed Minutes – and they are now at levels not seen since 2000. Here are a few interesting […]Read More

Things to Know When Considering ARM Financing

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Not all buyers go for the tried-and-true 30-year fixed-rate mortgage. For some, an Adjustable Rate Mortgage (ARM) is a better loan product for their housing needs. Here are a few things to keep in mind for buyers considering using an ARM to finance their property.Read More