Posts tagged Adjustable Rate Mortgage
Future Homeowner’s Guide to the 5/1 ARM

If you’ve started looking for a home, there’s a good chance that you’ve heard about the 5/1 adjustable-rate mortgage (ARM). Though adjustable-rate mortgages were once the bane of Realtors and homeowners across the country, the loans have slowly started coming back en vogue. Just because they’re becoming a bit trendier these days doesn’t mean that you should run out and get one without knowing what you’re getting into, of course.

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American Homebuyers are Rejecting New Adjustable Rate Mortgages

Even as the housing market starts to sort of get back to normal, there are clear signs that we’re not back to business as usual. Last week, the Mortgage Bankers Association shared their weekly round-up for mortgage news and while people are trying very hard to buy, there’s an elephant in the room: the adjustable rate mortgage.

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A No-Nonsense Guide to the Different Types of Mortgages (Part One)

When it comes to buying a home in 2018, the average American has more home loan options than ever before. Unfortunately, more choice isn’t always better. With many options come many questions, especially if you’re a first time home buyer and not a veteran of the mortgage game. Thats where our ultimate guide to mortgages comes in! Our 5 part series will delve into the nitty gritties of the many types of mortgages on the market.

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When an Adjustable Rate Home Loan is Right for You

It may be hip to do things unconventionally, but that notion doesn't quite apply when you're choosing a mortgage -- especially when we're talking about an adjustable rate mortgage versus a fixed rate mortgage. Adjustable Rate Mortgages aren't for everyone, but that doesn't mean they're not for you. If you're very self-aware and know what you need to do to complement your financial picture, it could be the perfect instrument to help you achieve your goals.

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