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.
Entries Tagged as 'Adjustable Rate Mortgages'
Comparing Mortgage Rates For Adjustable- And Fixed-Rate Mortgages
January 15th, 2011 · Comments Off on Comparing Mortgage Rates For Adjustable- And Fixed-Rate Mortgages
Tags: Adjustable Rate Mortgages · Mortgage Lending · Real Estate