Should I mortgage three single family properties to pay down a commercial mixed use adjustable rate mortgage?I have a mixed use commercial property with a 20 year amortization and 5 year adjustable rate term mortgag...
Hey everyone, looking for some knowledge I locked in an interest rate recently and paid a point to bring it down. Since interest rates have dropped since locking in my rate can I get a rate drop or am I stuck with wha...
Good morning,
Sept 1 - Sept 15 is Dove Hunting season in my town. Should I go ahead and adjust my rates higher right now in anticipation of this event? What types of market research should I be doing to prepare for...
What are you thoughts on adjustable vs fixed rate mortgages? Should I be afraid of doing anything with an adjustable rate?
The biggest advantage of an adjustable-rate mortgage (ARM) is that it is considerably cheaper than a fixed-rate mortgage, at least for the first three, five, or seven years. ARMs are also attractive because their low ...
My team and I at The Grantham Group, are gearing up for our next real estate education series event. The topic this time will be on Adjustable Rate Mortgages (ARMS). We have the Assistant Vice President and Mortgage L...
Hey Bp,I have an adjustable rate heloc that started out with a super low interest rate when we first got it. It’s now up to 9%. Is it possible to refinance it with a fixed rate loan of some sort? One with a lower rate...
I'm looking into taking out a HELOC for a future investment. I understand the HELOC fixed rate repayment (just like a mortgage). What I'm not sure I understand is the HELOC repayment process on a variable interest r...
So I am meeting with the commercial division of my local bank tomorrow. They have done my last three conventional loans, and with my primary residence I am at the limit for 20% down easy money. My loan officer said t...
I had already been tweaking rates for next year, but I got an email from VRBO today urging me to follow the link and do just that. Not surprised at all when their suggestion was to lower my rates.....As a businessman...