Market Update and the TRUTH behind the A.R.M (Adjustable Rate Mortgage)

Since the beginning of 2017, there has been a slight increase in rates but certainly nothing to the scale that ‘experts’ were suggesting…at least not yet!

The top two questions I am asked are:

How’s the market doing?
Is this a good time to sell/buy?

In my opinion, the best time to buy is when you are most ready to find a home. You cannot allow the market to dictate that, things will always fluctuate so it is unwise to ‘hedge your bets’ in such a scenario.

What is a good idea is to be well informed as to the loan programs available. What YOU qualify for, and create an action plan based on the needs and desires of your purchase.

In this week’s video, Austin gives us a clear and concise guide on finding the best loan program…and a very clear explanation on the Adjustable Rate Loan (ARM) program. These were extremely popular before the market decline in 2007.

They are making a strong ‘come back’ and have a tremendous amount of value, if you are using it under the right circumstances.

Check out this video and as always, we hope you find this information helpful.