There has been a lot of talk about adjustable rate mortgages these days. Are they to blame for the housing crunch and the problems that people are facing? Not necessarily. There are still adjustable rate mortgages out there that can be the best options for hopeful Denver home owners. These can be goodDenver mortgage products. [...]
Posts Tagged ‘Adjustable Rate Mortgage’
Fixed or Variable-rate Mortgage?
Posted by admin on December 10th, 2009
“Wow!” you say to your spouse as you hit the brakes on the car. “Did you see the mortgage rate those guys are advertising?” Your worries are over, you’re thinking. Just lock in a rate like that for the next ten years, and you’ve got it made. Not so fast. That rate may not [...]
Florida Mortgage Broker Discusses Interest Only Refinance Options
Posted by admin on November 28th, 2009
Adjustable Rate Mortgage PopularityOver the last five years almost forty percent of all home buyers selected adjustable rate mortgages. In early 2004 signs of inflation begin to appear. These indications pressed the Federal Reserve into action. From June 2004 to June of 2006 the Federal Reserve increased the Federal Funds Rate 17 times. The impact [...]
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