September 21st, 2021 10:59 AM by Sam Kader
All indications point to rates to go up in 2014:
Some economists predict that conventional 30 year fixed may go up to 5.5% by end of 2014. It is still a bargain - considering that it was 9.19% in 1974, 13.88% in 1984 and 5.84% in 2008.
Why Adjustable Rate Mortgages (ARMs) may benefit you:
Per chance if you are still holding the ARM when the note resets, here's what will happen. As your loan originator - I will go over all of your loan options for review. Here's more information from CFPB on CHARM booklet.
Everyone is unique. Complete the form below and I will contact you personally.