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Mortgage Article: Adjustable Rate Mortgages:   When you should consider moving from an Adjustable Rate Mortgages (ARM)

 

10 Million Americans feel the pinch from Adjustable Rate Mortgages 

By: Matt Padgett, President, Keystone Mortgage Group Knoxville Tennessee

 

One in every four mortgages in the US is an Adjustable Rate Mortgage (ARM), if you fall into this category you are likely feeling the pinch from mortgage rate jumps that leave you paying much more every month.  Many borrowers I speak to have seen their mortgage interest rates jump from 4% to 7% or more.  That can be a BIG difference. Click here to read complete Adjustable Rate Mortgage Article

 

If you have an Adjustable Rate Mortgage and would like to get a fixed rate mortgage quote, simply click here to complete our online mortgage application

 

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