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Mortgage Rates


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21 minutes ago, GlassMate said:

Konchem explain cheyyi bro ee 10/1 or 7/1 arms ante. 

10/1 arm ante... 10 years varaku ippudu interest fixed taruvata it changes every month with the current interest rates at that point of time... But the idea is if there are better interest rates at that point of time then refinance it...But if the interest rates are not good... then train to Assam..

Same with 7/1

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5 minutes ago, Anta Assamey said:

10/1 arm ante... 10 years varaku ippudu interest fixed taruvata it changes every month with the current interest rates at that point of time... But the idea is if there are better interest rates at that point of time then refinance it...

Same with 7/1

ARM rates are generally lower than 30 year fixed but you are betting that 30 year fixed will come down than current rate in next 10yr at which point you’ll refinance. Risk entate aa fixed rate ee 10yrs lo taggagapote assam ki first class ticket

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3 minutes ago, bayarea said:

ARM rates are generally lower than 30 year fixed but you are betting that 30 year fixed will come down than current rate in next 10yr at which point you’ll refinance. Risk entate aa fixed rate ee 10yrs lo taggagapote assam ki first class ticket

He wants to know what 10/1 ...I just told what an 10/1 arm is ante.. Offcourse there is risk....

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Tejams Ippudu enni houses kontaaro soodam

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15 minutes ago, Anta Assamey said:

He wants to know what 10/1 ...I just told what an 10/1 arm is ante.. Offcourse there is risk....

10 yrs lopu edo oka time lo interest rates will go low. High probability. So risky is very less vayya

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