Does anyone know at what rate a 30 yr ARM mortgage would be?
I understand these don't exist anymore but I wonder what it would likely be if it did exist. I enjoy a mortgage carried by a private party outside the US that is base on the US 30 yr ARM rate. I used to get the rate out of the newspaper to thrill the lender but I can no longer find that rate.
Too difficult to tell since abundantly of variables come to play in the pricing of any loan regardless of the program type. You would have to consider down transfer of funds, credit score, assets, employment, salary are marketplace conditions at time of pricing.
It would depend too much on the market at that point surrounded by time to say.
"> Not only does it depend on the market, but your credit mark will affect the rate as well.
Related Questions:
Where can I find the lowest mortgage rate?
I'm trying to refinance and I'm looking for a low mortgage rate from a legitimate organization. Any suggestions? Bank of America is a fitting suggestion. I infer your best bet is your local bank, that is as long as you enjoy decent credit. If your...
Too difficult to tell since abundantly of variables come to play in the pricing of any loan regardless of the program type. You would have to consider down transfer of funds, credit score, assets, employment, salary are marketplace conditions at time of pricing.
It would depend too much on the market at that point surrounded by time to say.
"> Not only does it depend on the market, but your credit mark will affect the rate as well.
Related Questions:
Where can I find the lowest mortgage rate?
I'm trying to refinance and I'm looking for a low mortgage rate from a legitimate organization. Any suggestions? Bank of America is a fitting suggestion. I infer your best bet is your local bank, that is as long as you enjoy decent credit. If your...