Is your ARM in Danger?

Are you one of the many folks that decided to purchase your home with an Adjustable Rate Mortgage (ARM)? Or did you recently refinance yourself into and ARM? While the immediate benefits of the ARM as a mortgage product were and, in some cases, still are substantial, the majority of folks currently in an ARM are staring at significant jumps in their interest rate and what that means against their monthly bottom line., the real estate wing of the Wall Street Journal online, has this article about the increase in pressure to move from an ARM into a fixed rate mortgage and some of the pitfalls you may experience.

While there is simply no easy way for me to summarize the article, I will say that if it smells too good to be true, it likely is. To that end, if you find yourself needing to refinance your existing mortgage and are at a loss as to whom to turn to, allow me to make some recommendations of lenders that will walk you thorugh every step, answer all your questions, and treat you to the Black-Tie Service you deserve.

Technorati Tags: , , , ,

Leave a reply

2510 Banyan Ct, Ann Arbor, MI | New Construction
2510 Banyan Ct, Ann Arbor, MI 48103   Search Ann Arbor Homes » MLS: 3262670   [more]
18417 Westchester, Livonia, MI | Caliburn Estates Stunner
18417 Westchester Dr, Livonia, MI | Caliburn Estates Stunner | 4 Bedroom, 3.1 Bath, 2,716 sf, finish [more]
1212 Woodlawn Ct, Wolverine Lake, MI | Lake Community Living
1212 Woodlawn Ct, Wolverine Lake, MI 48390 Search Wolverine Lake Homes » [more]

Todd Waller | Ann Arbor Real Estate | Berkshire Hathaway HomeServices Snyder & Company, Realtors

todd waller | real estate | todd @ | 734.564.7465

Homes of Ann Arbor

©2018 BHH Affiliates, LLC. An independently owned and operated franchisee of BHH Affiliates, LLC. Berkshire Hathaway HomeServices and the Berkshire Hathaway HomeServices symbol are registered service marks of HomeServices of America, Inc.® Equal Housing Opportunity.

copyright ©2018 | todd waller | sitemap | privacy policy

Todd Waller Real Estate
Local Business: Todd Waller
Description: Todd Waller, a self described "destroyer of the real estate fortress of suckitude," focuses on helping sellers and buyers in Ann Arbor, Canton, Livonia, Northville, Novi, South Lyon, Plymouth, and Ypsilanti
Location: 2655 Plymouth Road Ann Arbor MI 48105
Phone: 734.564.7465