Sentences with phrase «case of an adjustable rate mortgages»

In the case of adjustable rate mortgages being refinanced, the tangible benefit would be moving into a fixed interest rate even if that rate is higher than the one currently being paid on the mortgage.

In case of an adjustable rate mortgages (ARM), the lender may not be able to calculate accurately the total interest amount they will be able to earn.

In the case of adjustable rate mortgages (ARMs), it is the initial interest rate that is lower than the sum of the index rate plus the margin.

In the case of Adjustable Rate Mortgages (ARMs), the rate on your mortgage may go up or down depending on the prevailing interest rates index.

Not exact matches

Bank lenders in Pennsylvania generally fall behind direct lenders except in the case of 5/1 adjustable rate mortgages.

In the case of an adjustable rate reverse mortgage, the rate is typically tied to benchmark like the 30 - day LIBOR rate plus a margin, say, two to four percentage points.

For example, you may be planning to stay in your first home for just a few years, in which case we may recommend that you take advantage of a fixed - period Adjustable Rate Mortgage (ARM).

At the end of this fixed - rate period, these mortgages become adjustable and their interest rates adjust based on the London Interbank Offered Rate (or LIBOR) or in some cases the one - year constant maturity treasury rate (or Crate period, these mortgages become adjustable and their interest rates adjust based on the London Interbank Offered Rate (or LIBOR) or in some cases the one - year constant maturity treasury rate (or CRate (or LIBOR) or in some cases the one - year constant maturity treasury rate (or Crate (or CMT).

For instance, in case of a 5/5 adjustable mortgage rate, the interest and monthly payments will not change for 5 years.

In the case of adjustable - rate mortgages, it's even more crucial to know what rate is applied to your outstanding balance.

In most cases, the interest rate on the Adjustable Rate Mortgages (ARMs) is usually lower than that of Fixed Rate Mortgages at the initial strate on the Adjustable Rate Mortgages (ARMs) is usually lower than that of Fixed Rate Mortgages at the initial stRate Mortgages (ARMs) is usually lower than that of Fixed Rate Mortgages at the initial stRate Mortgages at the initial stage.

In the case of 5/1 adjustable - rate mortgages, the average contract rate surged to the highest level recorded in the history of this poll, moving from 4 % to 4.09 %.

Adjustable rate mortgages (ARMs) or Variable rate mortgages (VRMs) refer to mortgage loans (loans secured by real estate) in which the interest rate is adjusted at pre-determined regular intervals according to the movements of a market index rate, as opposed to being fixed throughout the term of the loan (as is the case in fixed - rate mortgages).

Adjustable rate mortgages are provided typically at lower interest rate than the fixed - rate loans, because they entail less risk on the part of the lender (in case that rates go up).