Home | Ask Your Question | Mortgage Glossary |Free Credit Report | Mortgage Calculator |
|
|||||||||||||||||||||||
Mortgage Professor about smart arm mortgages: | |||||||||||||||||||||||
Does Greenspan Favor Adjustable Rate Mortgages?
March 8, 2004 "I wonder what you thought of Fed Chairman Greenspan?s statements that mortgage borrowers could save a lot of money if they opted for adjustable rate mortgages (ARMs) rather than fixed-rate mortgages (FRMs)?" While the Chairman?s remarks were ... more... Is This Adjustable Rate Mortgage a N0-Brainer? February 18, 2003 "I plan to refinance my 7.25% loan into a 4% adjustable rate mortgage (ARM) that is interest-only for 10 years. I don?t plan to hold this mortgage for more than 8 years. Unless I?m missing something, the decision seems like a no-brainer." You are ... more... |
|||||||||||||||||||||||
smart arm mortgages related definitions |
|||||||||||||||||||||||
Adjustable Rate Mortgage, ARM
Adjustable Rate Mortgage (ARM) Also known as a variable rate mortgage. The interest rate on these mortgages changes periodically. Variable or adjustable loans are loans whose interest rate fluctuates over the period of the ... more... Mortgage Broker Mortgage Broker An individual in the business of assisting in arranging funding or negotiating contracts for a client buy who does not loan the money himself. Brokers usually charge a fee or receive a commission for their ... more... |
|||||||||||||||||||||||
More about smart arm mortgages California Mortgage Refinancing Atlanta Mortgage Rates Residential Mortgages a Step Ahead on the Property Ladder 1st and 2nd Mortgage Refinance Loan - Why Refinance Both Mortgages? Fixed Rate Mortgage or ARM? Which is Better? Guide to Flexible Mortgages Adjustable Rate Mortgages - Understand the Benefits Compared to a Fixed Rate Mortgage Commercially Viable Commercial Mortgages California Reverse Mortgages Poor Credit Mortgage Reigns High Among Mortgages Available to Bad Credit Borrowers
|
|
||||||||||||||||||||||
|