Mortgage Blog

Why I promote 10 Yr fixed Rental

January 7th, 2015 10:09 AM by Eric Fang

I found this rate when one of my clients asked for 10 yr fixed for the rental.
And it turned out the rate is pretty good and you can payoff in 10 years.

I have lots of people with 7/1 ARM or 5/1 ARM rate around 3.5%. The good thing
about this 10 yr fixed program is that we can payoff the loan faster. The bad thing is
that the monthly payment is higher. So this is not for everybody.

The stock market fluctuates so much the beginning of this year. Picked up
more MA yesterday. Good timing. I will get more SBUX, MA if it went lower
in the next a few months. And we also said this is for the "long term".
Posted in:General
Posted by Eric Fang on January 7th, 2015 10:09 AM



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