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Tim in WI

Posted 9/28/2016 20:18 (#5554051 - in reply to #5554032)
Subject: RE: whats a 5 yr ARM?

Embarrass WI

Adjustable Rate Mortgage.

They can be set up any number of ways, I have heard of "rate floats with prime" or can be re-opened once in the 5 years, sometimes reset at anniversary date. Big thing is it's not fixed and your rate could go up.

Buying our first farm- need opinions - John 37A : 9/27/2016 19:18
- RE: Buying our first farm- need opinions - frytownfarmer : 9/27/2016 19:43
  - RE: Buying our first farm- need opinions - KDD : 9/27/2016 22:52
    - RE: Buying our first farm- need opinions - cornstalk : 9/28/2016 07:19
      - Mitigating risk- fixed interest rates - Jim Dandy : 9/29/2016 10:17
        
        RE: Mitigating risk- fixed interest rates - cornstalk : 9/29/2016 11:46
        
        RE: Mitigating risk- fixed interest rates - Jim Dandy : 9/29/2016 16:03
        
        RE: Mitigating risk- fixed interest rates - farmer82 : 10/2/2016 21:26
- RE: Buying our first farm- need opinions - roush9799 : 9/27/2016 20:24
  - RE: Buying our first farm- need opinions - Wheat77 : 10/2/2016 21:39
- RE: Buying our first farm- need opinions - WHYNOT : 9/27/2016 21:14
- RE: Buying our first farm- need opinions - oldbob : 9/27/2016 21:53
- RE: Buying our first farm- need opinions - countryflunky : 9/27/2016 21:54
- RE: Buying our first farm- need opinions - 49deere : 9/28/2016 05:28
- RE: Buying our first farm- need opinions - 3w farms : 9/28/2016 15:14
- RE: Buying our first farm- need opinions - John 37A : 9/28/2016 18:58
  - RE: Buying our first farm- need opinions - 1770 : 9/28/2016 19:16
  - RE: Buying our first farm- need opinions - cornstalk : 9/28/2016 19:28
  - RE: Buying our first farm- need opinions - paul the original : 9/28/2016 20:18
    - RE: Buying our first farm- need opinions - 1770 : 9/29/2016 05:57
  - RE: Buying our first farm- need opinions - CRJ : 9/29/2016 06:21
- whats a 5 yr ARM? - Thud : 9/28/2016 20:11
  - RE: whats a 5 yr ARM? - Tim in WI : 9/28/2016 20:18
    - RE: whats a 5 yr ARM? - Thud : 9/28/2016 20:37
  - RE: whats a 5 yr ARM? - martin : 9/28/2016 21:20

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