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Are you confused over interest rates and which type of loan structure is best for you? If yes, then watch this video and get a better understanding of what type of home buyer suits each type of loan structure.
It's ALWAYS good to be a more informed buyer. After all, purchasing a home is probably the biggest (monetary) investment in our lives!
Knowledge is POWER! Here are some links to more information that might help inform your decision:
Consumer Handbook on Adjustable-Rate Mortgages (FYI, I think this link is better than the Federal Reserve one below) https://files.consumerfinance.gov/f/201401_cfpb_booklet_charm.pdf
Federal Reserve Consumer Handbook on Adjustable-Rate Mortgages https://www.federalreserve.gov/pubs/arms/armstext_cover2005.pdf
Are you confused over interest rates and which type of loan structure is best for you? If yes, then watch this video and get a better understanding of what type of home buyer suits each type of loan structure.
It's ALWAYS good to be a more informed buyer. After all, purchasing a home is probably the biggest (monetary) investment in our lives!
Knowledge is POWER! Here are some links to more information that might help inform your decision:
Consumer Handbook on Adjustable-Rate Mortgages (FYI, I think this link is better than the Federal Reserve one below) https://files.consumerfinance.gov/f/201401_cfpb_booklet_charm.pdf
Federal Reserve Consumer Handbook on Adjustable-Rate Mortgages https://www.federalreserve.gov/pubs/arms/armstext_cover2005.pdf