Read What People Are Saying About Me
I always ask my clients to write or email me, and tell me truthfully how they
appreciated my service to them. Their feedback is so important! Here are a few highlights of what people are saying
about me...
"You listened to us!"
"You listened to us - truly listened! We came to you with a bad experience from another agent..."
John and Sandy from Tucson
First Time Home Buyers
"As first time home buyers, you were patient and educated about the home buying procedure and what to expect.
Sammy and Renee of Portland
Sold in 4 Days!
"I would like to thank you for selling my home in what was record time!"
Jason Robertson of Portland
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Financing Your Home >The Margin on an ARM When you are shopping for an Adjustable Rate Mortgage, the important thing to consider is the margin. Each time your loan is adjusted, the new interest rate will be tied to an index of Treasury notes. The margin is the percentage point above that index where your rate will be set.
Let's suppose that you have a one-year ARM with a 2.5 margin. Your initial rate was 7.5%, and during the first year of the loan, the index of 1-year Treasury notes was at 6.25%. The rate for the second year of your loan would be adjusted to 8.75%. With a margin of 2.75, it would increase to 9%. Some lenders offer lower initial rates with higher margins. In this case, the subsequent rates could be higher after the first year, than if you chose a higher initial rate with a lower margin.
If you are confused by the various mortgage offers, ask a professional mortgage broker to sit down with you and show you how it works. Today the rates and different financial possibilities are so variable that it is a good idea to talk to a mortgage broker--they usually know where the best rates can be found.
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| Q |
Where would you go if you wished to stay in the world's most expensive hotel room?
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| A |
The Imperial Suite at the President Wilson Hotel in Geneva, Switzerland, which can be reserved for $33,000 per night. |
 See More Real Estate Trivia > |
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- NUMBER1EXPERT™ 
