Scottsdale Arizona Real Estate

LEN ROBERTS

        Phone: (480) 216-6779

Home

Search MLS

Home Purchase

Sell my Home

Arizona Links

HUD Homes

Mortgage Calculator

Mortgage Payment Schedule

Home Sales Prices

Mesa History

Gilbert History

Chandler History

FSBO Guide

Patriotic Links

Frequently Asked Questions

Build A Search Profile

Request Listing History

Request complete MLS information.

Market Analysis

Bookmark
Page


What is an Adjustable Rate Mortgage?

An adjustable rate mortgage— or ARM—is a mortgage in which the interest rate is adjusted periodically based on a pre-selected index. These typically have a lower rate for the starting period which might be 1, 3, 5, 7, or even 10 years. During this initial period, the interest rate will not adjust. After the initial period, the rate will typically adjust annually. They will usually provide a lower monthly payment and perhaps allow you to finance more. If you plan to refinance later or do not plan to stay in the home for a long period of time, this might be a good alternative.

RETURN

Len Roberts
My Home Group, LLC
110 S. Priest, Suite 101
Tempe, Arizona 85281
Homes in Mesa Homes for sale in Mesa
Len(480) 216-6779
Email Len


Arizona Real Estate  Arizona Homes  Arizona Realestate  Real Estate in Arizona  Scottsdale Arizona Real Estate  Tempe Arizona Homes  Phoenix Arizona Homes 

google