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Ep 24: How 2-1 Buydowns Could Lower Your Interest Rates
Manage episode 346659646 series 3012587
Sisällön tarjoaa Bill Litton. Bill Litton tai sen podcast-alustan kumppani lataa ja toimittaa kaiken podcast-sisällön, mukaan lukien jaksot, grafiikat ja podcast-kuvaukset. Jos uskot jonkun käyttävän tekijänoikeudella suojattua teostasi ilman lupaasi, voit seurata tässä https://fi.player.fm/legal kuvattua prosessia.
With interest rates being the highest they have been in many years, Adjustable Rate Mortgages, or ARMs, are becoming more popular. There is a lot of stigma around ARMs due to the housing crash in 2008.
In this episode, we are going to address some common concerns with ARMs and explain how they can be great resources for the right borrower. Listen to learn if an Adjustable Rate Mortgage could be right for you.
Listen to this week’s show to learn more about:
- How the current 7% interest rate has increased the use of Adjustable Rate Mortgages. (2:19)
- How ARMs were a part of the problem in 2008. (4:30)
- What factors play into whether an ARM is recommended for a home buyer? (6:44)
CONTACT:
Schedule a time to meet with Bill here.
Visit the Smart Mortgage Show website for more podcasts, videos, and info.
Call: 484-352-4151.
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