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Tutorial on Selecting Mortgage Features
Planning to shop for a mortgage on-line? You need to answer the following questions first, so you know exactly what you are shopping for. 1. What Type of Mortgage Should I Select? 2. Which Mortgage Options Should I Select? 3. How Long a Term Should I Take? 4. ... more... Fixed-Rate vs Adjustable Rate vs Balloon Mortgages November 11, 2001 "My broker has offered me the following 6% loans: a 30-year fixed-rate at 1.125 points; a 7/1 ARM at 1 point; a 7-year balloon at 0.375 points; a 5/1 ARM at .875 points; and a 5-year balloon at 0 points. How do I decide which mortgage is best for me ... more... |
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arm mortgage rates 5 1 arm rates 5 year arm mortgage related definitions |
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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... Variable Rate Mortgage Variable Rate Mortgage The variable rate mortgage, affectionately know as Adjusatuble rate mortgage or ARM is a mortgage with a rate that will adjust over time. You may be familiar with the term three year ARM, or five-year ARM. ... more... |
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More about arm mortgage rates 5 1 arm rates 5 year arm mortgage Is the New Millennium Method Really $1.204,000 Better then a Bi-Weekly Mortgage Fixed Rate Mortgage vs. Adjustable Rate Mortgage Divining Your Life Path Number Adjustable Rate Mortgage Basics Refinance Mortgage Rate and Mortgage Rates Will You Live Long Enough To Pay Off A 40-Year Mortgage Home Loans -- The Hot New Product? The 30-year, Fixed-rate Mortgage What Is The Best Deal For A Mortgage? Reasons to Refinance When Rates Are Moving Up Keep Your Eye Focused On Treasury Bond Rates To Adjust Your Current Mortgage Rates
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