Get Free Presentation On Our Home Marketing.
Before signing a contract with any real estate agent, make sure you know EXACTLY how your home will be marketed.
Find Out More >
View All Offers >
|
""I love Gold Canyon!"
"Debie is courteous, a good listener, extremely knowledgeable, and has excellent follow through"
Donna Neuhauser
Read Quote >
View All Quotes >
|
 Compare three mortgages at one time.
Download TripleCalc now. It's free. |
Bill and Debbie Nelson, CRS and GRI are some of The Top Selling Real Estate Experts™
Find Out More > |
|
|
 |
Special Offers From Us To You! Just for you, we've assembled some Special Offers. Choose one or all!  
Financing Your Home >More On ARMs
Lenders are always looking for new ways to help buyers get into the home of their dreams. Today they frequently use adjustable rate mortgages (ARMs) to increase the buyer's options. The interest rate on an ARM changes periodically to reflect changes in the national market. Since the loan starts at a rate that is lower than the national average, lenders can reduce the borrower's qualifying criteria.
One way to distinguish between different ARMs is by the national index to which they are tied. Some ARMs are tied to a slow-moving index called the cost-of-funds index; these are usually the most desirable. ARMs that are tied to a more volatile index, such as Treasury Notes, can be adjusted upward at a quicker rate. Look at all the factors before choosing a loan. The faster index loan may start out with lower rates and lower monthly payments, but the slower index ARM may eliminate your concern about having to re-finance down the road.
|
| Q |
What is arguably the world's strangest (and most dysfunctional) kitchen?
|
| A |
In 1998 the Kemper Museum of Contemporary Art in Kansas City first displayed a kitchen made entirely of 40 million colored glass beads by artist Liza Lou of Topanga, California. |
 See More Real Estate Trivia > |
|
|
|
|
 |
|
- NUMBER1EXPERTS™ 
