Not exact matches
Hybrid adjustable - rate
mortgages like 5/1 ARMs tend to come with 30 - year loan terms, but homeowners have the option of refinancing or selling their homes before the fixed - rate introductory period ends.
A 5/1 adjustable - rate
mortgage (ARM), is a
hybrid mortgage, just
like 7/1 ARMs and 3/1 ARMs.
Hybrid SUVs,
like the Nissan Pathfinder
Hybrid, are quickly erasing the notion that SUV ownership requires a second
mortgage for fuel.
While cash - out refinances seem
like an attractive
hybrid solution, the «cash - out» portion of the loan will add to the interest costs of the new
mortgage.
We were looking at capped
mortgages,
hybrid mortgages, even all - in - one
mortgages like the Manulife One account.
The 5/1 ARM is often referred to as a «
hybrid» loan, because it starts off
like a fixed - rate
mortgage before adjusting.