Comments on: Adjustable Home Loan Mortgage Rate Changes With The Times

By: payment

payment — Sun, 14 Dec 2008 17:26:18 +0000

“ARM mortgages can sometimes be tricky… you don’t want the rate going too high” -> things like this make this market so dangerous. You never know if your decisions are right.

By: Arthur Jamieson

Arthur Jamieson — Thu, 11 Dec 2008 10:02:55 +0000

That’s great, I never thought about Adjustable Home Loan Mortgage Rate Changes With The Times like that before.

By: Mary Ann Knell-Peoria Realtor

Mary Ann Knell-Peoria Realtor — Wed, 26 Nov 2008 04:12:00 +0000

I suggest fixed rate loans whenever possible-then you can avoid a lot of the problems we have going on right now

By: Austin Properties

Austin Properties — Fri, 18 Jul 2008 21:21:38 +0000

A lot of the adjustable rate loans have prepayment penalties built in. Borrowers need to check out the terms before seeking a refinance!

By: Jackson Hole Real Estate Broker

Jackson Hole Real Estate Broker — Tue, 15 Jul 2008 10:49:18 +0000

The down side to adjustable rate mortgages was when rates rise people can’t afford the new payment amount. Also, over the last few years the lending practices became more lenient and banks and lenders would loan more than people could actually afford. It has caused much of the pain our nations economy is currently feeling.

By: Fred

Fred — Sat, 31 May 2008 07:47:13 +0000

ARM mortgages can sometimes be tricky... you don't want the rate going too high. An article on Boston Luxury Real Estate suggests looking into fixed-rate mortages just to be safe, so that you know what you're getting!

By: Austin Apartments

Austin Apartments — Sun, 18 May 2008 03:37:50 +0000

Many people were taken advantage of during the last few years and they weren’t properly explained what they were getting into. But I think the majority of people were explained exactly what they were getting into and bit off more than they could chew. I know this mortgage crisis has put a lot people in a hard situation and I hope the best for them. It’s good to see your company offering solid solutions.