Sentences with phrase «than fixed rate mortgages»

Adjustable rate mortgages typically start off with lower rates than fixed rate mortgages early on.

If you're refinancing and want lower payments than a fixed rate mortgage, consider an Adjustable Rate Mortgage.

In return for the greater risk, borrowers receive a lower initial rate than a fixed rate mortgage of the same amount and duration.

ARM's have lower interest rates during the fixed initial term than fixed rate mortgages.

Historically variable rate mortgages have been less expensive than fixed rate mortgages.

An ARM may come with a lower monthly payment amount than a fixed rate mortgage, which means you may qualify for a larger mortgage.

An ARM typically offers a lower interest rate than a fixed rate mortgage for the first several years and then adjusts annually for the remainder of your mortgage term.

Variable rate mortgages have proven to be better than fixed rate mortgages with exceptions in the early 80's and 90's when rates went into the teens.

But over the long term, the costs are far less stable or predictable than fixed rate mortgages.

In return for the greater risk, borrowers receive a lower initial rate than a fixed rate mortgage of the same amount and duration.

An adjustable rate mortgage may get you started with a lower monthly payment than a fixed rate mortgage, but your payments could get higher when the interest rate changes.

A variable rate mortgage typically offers more flexible terms than a fixed rate mortgage.

The initial rate on an ARM is generally lower than a fixed rate mortgage, which can result in a lower monthly payment for the first several years.

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Keep in mind that ARMs are far more complicated than fixed rate mortgages.

With home loans, ARMs are more popular than fixed rate mortgage loans, and it is so for several reasons.

For the imminent spring buying season, Laird encouraged households with high financial and psychological risk tolerance to «take advantage of the savings offered by a variable - rate mortgage, which tend to be more competitive than fixed rate mortgages.»

An adjustable rate mortgage may get you started with a lower interest rate than a fixed rate mortgage, but your payments could get higher when the interest rate changes.

If you're refinancing a home and want lower payments than a fixed rate mortgage may provide, consider an adjustable rate mortgage, or ARM, from PNC.

An Adjustable Rate First Mortgage has an initial interest rate lower than a Fixed Rate Mortgage and is fixed for a specified period.

Your initial interest rate is lower than a Fixed Rate Mortgage and is fixed for a specified period in an Adjustable Rate Mortgage (ARM) loan.

ARMs are often attractive to homebuyers because they usually begin with lower interest rates and payments than fixed rate mortgages.

Variable rate mortgages typically offer a lower interest rate than fixed rate mortgages.

ARM loans offer the flexibility of lower rates and payments for fixed terms of 3, 5, 7, 0r 10 years with lower initial interest rates than Fixed Rate Mortgages.

Adjustable Rate Mortgages (ARMs) typically offer lower initial interest rates than Fixed Rate Mortgages.

ARMs have better interest rates than fixed rate mortgages, but the payment volatility can make them risky.

ARMS had lower rates than fixed rate mortgages (FRMs), because with an ARM the borrower is at risk instead of the lender.

An adjustable rate mortgage (ARM) 1 can provide you with the flexibility you need with a lower interest rate than a fixed rate mortgage, but the rate may increase over time.

ARMs typically begin with more attractive rates than fixed rate mortgages — compensating the borrower for the risk of future interest rate fluctuations.