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Is One ARM Better than None-Bloom Realty-Seguin TX-New Braunfels TX-Guadalupe County-TX Real Estate Agent

Is One ARM Better than None?

The newest figures from Redfin.com show that the typical home buyer could save more money per month with an adjustable-rate mortgage over a 30-year fixed-rate mortgage. While the interest rates may be lower for an adjustable-rate mortgage (ARM), they are guaranteed to change! The current interest hikes for fixed-rate mortgages have put several would-be buyers out of the game due to unaffordable monthly...

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