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Ep 24: How 2-1 Buydowns Could Lower Your Interest Rates
Manage episode 346659646 series 3012587
Вміст надано Bill Litton. Весь вміст подкастів, включаючи епізоди, графіку та описи подкастів, завантажується та надається безпосередньо компанією Bill Litton або його партнером по платформі подкастів. Якщо ви вважаєте, що хтось використовує ваш захищений авторським правом твір без вашого дозволу, ви можете виконати процедуру, описану тут https://uk.player.fm/legal.
With interest rates being the highest they have been in many years, Adjustable Rate Mortgages, or ARMs, are becoming more popular. There is a lot of stigma around ARMs due to the housing crash in 2008.
In this episode, we are going to address some common concerns with ARMs and explain how they can be great resources for the right borrower. Listen to learn if an Adjustable Rate Mortgage could be right for you.
Listen to this week’s show to learn more about:
- How the current 7% interest rate has increased the use of Adjustable Rate Mortgages. (2:19)
- How ARMs were a part of the problem in 2008. (4:30)
- What factors play into whether an ARM is recommended for a home buyer? (6:44)
CONTACT:
Schedule a time to meet with Bill here.
Visit the Smart Mortgage Show website for more podcasts, videos, and info.
Call: 484-352-4151.
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