Good afternoon, Zingers! Welcome to our brand spankin’ new blog and our first installment of Watch-It Wednesday – ZING Edition! It’s the same weekly video [...]
Types of Adjustable Rate Mortgages – Watch-It Wednesday
by Amber Hunt on June 22, 2011 in Mortgage Rates, Refinance Mortgage
Watch-It Wednesday: APR less than rate?
by Amber Hunt on January 12, 2011 in Mortgage Rates
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!
The Truth About Adjustable Rate Mortgages
by Rebecca Carter on December 15, 2010 in Home Buying, Refinance Mortgage
An adjustable-rate mortgage (ARM) is “a loan with interest rates that are adjusted periodically based on changes in a pre-selected index after a set fixed-rate [...]
What is APR & How is it Calculated on an ARM?
by Amber Hunt on October 25, 2010 in Mortgage Rates
Quicken Loans Chief Economist Bob Walters explains why APRs on ARMs could be lower than the mortgage note rate.
Watch-It Wednesday: Adjustable Rate Mortgages vs. Fixed Rate
by Amber Hunt on September 29, 2010 in Mortgage Rates
In this week’s Watch-It Wednesday, Quicken Loans Chief Economist, Bob Walters, walks us through the differences between adjustable rate mortgages and fixed rate mortgages.
5 Things to Check Before You Refinance
by admin on January 12, 2010 in Mortgage Rates
With mortgage rates temporarily low for awhile longer, homeowners are rushing to refinance. But before you lock in at a lower rate, here’s a checklist to make sure you’re saving money and getting the best loan for your needs.
Refinancing Into an ARM Mortgage
by admin on January 12, 2010 in Mortgage Rates
With the low mortgage rates available for awhile longer, homeowners are rushing to refinance. But while most people automatically pick the traditional 30-year fixed mortgage, the adjustable rate mortgage should also be considered before making the final decision.
Should You Refinance Into an ARM?
by admin on December 24, 2009 in Mortgage Rates
With low mortgage rates comes a flood of homeowners looking to refinance. And while many homeowners prefer the safe fixed rate loan, getting an ARM may be a better choice for other homeowners.
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