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Tag Archives: Adjustable-Rate Mortgage

Adjustable Rate Mortgage Terms You Should Know – “ARM” Yourself with Knowledge

Current market conditions are once again leaning in favor of adjustable rate mortgages and it’s important to understand their function. Here’s information about ARMs, how to interpret the “lingo” and how to decide if it’s right for you.

Watch-It Wednesday: Your Mortgage & Your Credit Score

Senior Mortgage Banker Austin Niemiec talks all things credit score in this week’s Watch-It Wednesday!

Watch-It Wednesday: APR less than rate?

Why is my APR less than my rate? How is my payment calculated after my ARM adjusts? President’s Club Banker Kent Wenzel answers these questions in this week’s Watch-It Wednesday!

Seven-Year ARMS Are Back!

If you’re looking to buy or refinance, add the 7-year ARM to your list of options to consider. A 7-year ARM means you’ll have a longer low-rate period before adjustment, giving a 2-year advantage over the 5-year ARM.

Home Loan Refinancing Choices

Q. Should I refinance? If you’re in an adjustable rate mortgage, you may want to think about getting a fixed-rate mortgage. Sometimes it makes sense [...]

Refinance Your Mortgage: 5 Really Good Reasons

There are times when it makes sense to refinance your mortgage. It’s important to have a clear financial objective in mind so that you’re more [...]

Refinancing Your Mortgage

Home loan refinancing has recently risen in popularity for several reasons. There are many benefits to refinancing, such as the possibility of lowering monthly payments [...]

40 Year Mortgages with Lower Payments 40 Year Mortgages with Lower Payments

In the last few years, the 40-year mortgage has been increasing in popularity for home buyers in high-cost housing markets as an alternative to adjustable-rate [...]

Adjustable Rate Mortgages

An adjustable rate mortgage (ARM), is a loan with an interest rate linked to a specific economic index. As this index changes, the interest rate [...]

Fixed-Rate Mortgages

Fixed-rate mortgages – also called conventional mortgages – have been the most popular home loans for decades. The interest rate on a fixed-rate mortgage stays [...]