Adjustable Rate Mortgages | Texas Mortgage Corner
Header Image

Archive for the ‘Adjustable Rate Mortgages’ Category


Adjustable Rate Mortgages Adjusting To 3.000 Percent Right Now

If your ARM is due to adjust this spring, your best move may be to let it. Don’t rush to refinance — your rate may be adjusting lower.

Tags: , ,
Posted in Adjustable Rate Mortgages | Comments Off

Comparing Mortgage Rates For Adjustable- And Fixed-Rate Mortgages

Currently, relative to fixed rate mortgages, ARM pricing is excellent. Freddie Mac’s weekly Primary Mortgage Market Survey puts the 5-year ARM mortgage rate lower than the 30-year fixed rate mortgage rate by 1.02 percent.

Tags: , ,
Posted in Adjustable Rate Mortgages | Comments Off

Your ARM Is Adjusting Lower. Is There A Downside To Letting It?

Adjusting conforming mortgages are adjusting to as low as 3 percent. If you have one, should you let your rate fall? Or refinance out?

Tags: , ,
Posted in Adjustable Rate Mortgages | Comments Off

Should You Refinance Your ARM, Or Let It Adjust Lower?

If your adjustable rate mortgage is due to adjust this year, don’t go rushing to replace it just yet. Your soon-to-adjust mortgage rate may actually go lower this year.

Tags: ,
Posted in Adjustable Rate Mortgages | Comments Off

Don’t Rush To Refinance That ARM – It May Be Adjusting To Under 3 Percent

If your mortgage is set to adjust this year, the smart move may be to let it. Today’s conforming mortgages are adjusting lower than ever before — as low as 3 percent. It may not be what you expected when you signed for your ARM several years ago.

Tags: , , ,
Posted in Adjustable Rate Mortgages | Comments Off