Nearly every day we hear about the “median Sale Price” of real estate and how it is up or down. It’s often it is used as a barometer of the real estate market. “Well there is good and bad news in the real estate market”. “The number of sales has increased, but the values are […]
These days adjustable rate mortgages (ARMs) are a good deal!
Call to ARMs “Forget the subprime mess. These days adjustable rate mortgages (ARMs) are a good deal,” reports Ashela Ebeling, Financial Reporter for Forbes magazine, especially for certain well-off home buyers looking to purchase or home owners wanting to refinance. Many borrowers who purchased houses with ARMs during the subprime boom got hooked into using […]