Mortgage Blog

ARM rate still ok. Fixed Rate up

April 1st, 2014 9:35 AM by Eric Fang

Fixed rate a little bit higher today after the better
stock performance for the last a few days.
And also Yellen mentioned a possible an interest
rate hike sometime next year.

Some lenders send out some note as 'Why Choose an
ARM over a Fixed?". Indeed 7 yr fixed ARM or
10/1 ARM a god option now for the mortgage rates,
as long as you think the risk of higher interest
is minimum.

Posted in:General
Posted by Eric Fang on April 1st, 2014 9:35 AM



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