- Option ARM - The World's Most Dangerous Mortgage
Home prices have reached record levels, and in many parts of the country, homes have become nearly unaffordable. Real estate has replaced the tech stocks of the late 1990s as the hot investment, and...
- Mortgage Products: The 30 Year ARM
As you begin to traverse the actual home appraisal, the loan amortization, your down payment, and all the dots that must be connected in order to make the dream a reality, you suddenly realize that you...
- Mortgage Products: The Adjustable Rate Mortgage
Youve found the home of your dreams, youre pre-qualified for a loan, and everything looks absolutely rosy. At first. As you begin to traverse the actual home appraisal, the loan amortization, your down...
- ARM - Adjustable Rate Mortgages
Traditionally, homebuyers could look to two forms of mortgages - fixed rate and adjustable mortgages. While there are now many more options, this article takes a look at the adjustable rate mortgage.What...
- ARM Loans
ARM stands for Adjustable Rate Mortgage. There are various types of ARM products with the most common being the 1/1, 3/3, 5/1 and 7/1 ARM. The first number tells you the length of time the Rate will be...
- Fixed vs. Adjustable Rates
Apples vs. oranges. Boxers vs. briefs. Dave Letterman vs. Jay Leno. These debates may rage on for decades, and we can add another one to the list: fixed vs. adjustable. Were speaking, of course, of fixed...
- Fixed APR Balance Transfers: Better Than A 0% APR
0% balance transfers offer great short term savings, free up money to pay down debt quicker, and can ultimately save consumers hundreds, if not thousands of dollars in interest over their duration. However,...
- How Fixed Interest Rates Work
Interest rates are an important part of any loan or credit line. The interest rate that you have on your loan, credit card, or other credit line can seriously affect the total amount that you pay toward...
- How To Apply for a Fixed Rate Auto Loan
Thinking of applying for an fixed auto loan or car loan? You should start requesting for your credit report as soon as possible. All creditors, commercial banks, finance companies and even unconventional...
- What is a 5/1 ARM?
You know, with phrases such as the title above, and the myriad of paths the mortgage industry runs us down, its no wonder that the average consumer becomes lost in the process. Then, the mortgage market...
- Three Rules of Thumb for Mortgage Refinancing
You might think that deciding to refinance a mortgage requires only a quick comparison of loan interest rates. Unfortunately, thats not really true. Refinancing is trickier than that! Fortunately, three...
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