Mortgage Blog

ARM Rate is much better

October 1st, 2009 7:15 AM by Eric Fang

Just can not believe it. 10/1ARM(<=417k) rate is 4.5% now. 5/1ARM is 4.25%(>417k). All for 30 day lock.

We just talked about the ARM rate may go lower in Sep 28th blog. Seems like this is the direction from the lender.

Posted in:General
Posted by Eric Fang on October 1st, 2009 7:15 AM



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