Adjustable rate mortgages require close scrutiny

St. Joseph News-Press;  June 25, 2005 ;     399 words ......historic lows, adjustable rate mortgages were...increase and up to 12 percent of the nation...to switch to an adjustable rate in 2007, some...still below 6 percent, it's silly to...you ponder an adjustable rate mortgage, you...you win on an adjustable ...

Adjustable rate borrowers cringe: One in four mortgages in the United...

Wyoming Tribune-Eagle (Cheyenne, WY);  July 17, 2006 ;     700+ words ......foreclosures were up 72 percent in the first three...payments is the adjustable rate mortgage, he added...understanding what (an adjustable rate mortgage) meant. Representing the percentage borrowers pay...Borrowers with adjustable rate mortgages could...rate of 2 to 3 ...

Adjustable-rate mortgages: Points to remember.

Pueblo Chieftain (Pueblo, Colorado);  November 19, 2006 ;     700+ words ......signed on to an adjustable rate loan because...appreciate by 3 percent or so a year...comes with an 8 percent interest rate and the second at 10 percent. Subsequently...more money on adjustable rate loans than fixed...offer with a 10 percent interest rate...they're in ...

Adjustable rate mortgage holders may want to refinance with interest rate...

Knight Ridder/Tribune Business News;  July 1, 2004 ;     522 words ......Katz had a three-year adjustable rate mortgage on their Charlotte...for some shorter-term adjustable rate mortgages, which have...ree-, five- or seven-year adjustable rate mortgages don't have...between banks, to 1.25 percent from 1 percent, its first hike in ...

A Guide to Shopping For Adjustable-Rate Loans

The Washington Post;  May 16, 1992 ;     700+ words ......course, ARMs (adjustable-rate mortgages). Let...carefully at the adjustable-rate mortgage. It...their loans at 8 percent, 9 percent or...point equals 1 percent of the loan...obtaining a one-year adjustable rate at 5 percent, and the lender...percent ...

Tulsa, Okla.-Area Lenders See Revival in Adjustable-Rate Mortgages.

Tulsa World (Tulsa, Oklahoma) (via Knight-Ridder/Tribune Business News);  September 6, 2003 ;     502 words ......That was the highest percentage in a year. In other periods...accounted for more than 40 percent of all home loans, the...offering a five-year adjustable rate with a 5.37 percent interest rate. That compares...rate on a seven-year adjustable rate and 6.37 percent on a ...

Adjustable rate mortgages can be ticket to dreams

Chicago Sun-Times;  December 8, 1991 ;     643 words ......trading in worrisome, adjustable rate notes for the warm and...hovering around 8.5 percent - the lowest level in...reconsider the lowly adjustable rate mortgage. For risk takers...prices have fallen 20 percent or more in the past...3,658. Based on a 33 percent housing expense ...

Careful Research Needed Before Committing to an Adjustable-Rate Mortgage

The Washington Post;  May 4, 1991 ;     700+ words ......course ARMs (adjustable-rate mortgages). Let's look at the adjustable-rate mortgage. This...their loans at 8 percent, 9 percent or...higher than an adjustable-rate mortgage that...point equals 1 percent of the loan...example 9.5 percent or 10 ...

Check Terms of Adjustable-Rate Mortgage

The Washington Post;  October 24, 1987 ;     700+ words ......carefully at an adjustable-rate mortgage. However...at more than 11 percent, and are trying...then more than 15 percent. Lenders made...going today. The adjustable-rate mortgage became...rate of 17.75 percent. Thus, lenders...between 5 to 6 percentage points. Make ...

Adjustable Rate Mortgages Just Right for Some.

Knight Ridder/Tribune Business News;  November 7, 1999 ;     511 words ......resident selected an adjustable rate mortgage to accomplish...starts at 6.25 percent, rises to 7.25...Pearson said. Adjustable-rate loans are not for...crept toward 8 percent, more people are...that does mainly adjustable rate loans. Pearson...example, will rise 1 ...

As Fixed Rates Edge Higher, Adjustable Rate Mortgages Enjoy Renewed...

Blade (Toledo, OH);  May 30, 2004 ;     700+ words ......recent months, adjustable rate mortgages...month, the percentage seeking so-call...involved adjustable rate loans, representing a larger percentage than at any...of 4.625 percent, Ms. Kollar...requests for adjustable-rate mortgages...

Consumers Prefer Long-Term, Fixed-Rate Mortgage to Adjustable Rate...

U.S. Newswire;  April 12, 2004 ;     700+ words ......percent), Oklahoma (92 percent), Texas (92 percent), New Mexico (91 percent), Pennsylvania (91 percent) and Tennessee (90 percent). For a state-by-state...comparison of fixed rate and adjustable rate mortgages, go to http...Mortgages 2003 State.....Percent of ...

Borrowers should understand adjustable rate mortgages

News Sun, The (Waukegan, IL);  August 25, 2001 ;     700+ words ......years and an adjustable rate each year thereafter...constant. It is a percentage set by the lender...cap limits the percentage that the fully...common index for adjustable rate mortgages is...dropped almost 1.5 percentage points since...hovering around 7 percent," said ...

As Interest Rates Creep Up, Industry Looks to Alternatives: Residential...

US Banker;  December 1, 2004 ;     672 words ......advantage, she adds. Adjustable-rate mortgages are...comprise about 35 percent of the market...seeing 20 and 30 percent appreciation...SunTrust Mortgage. Adjustable-rate mortgages comprise about 70 percent of SunTrust Mortgage...home loans (12 percent) from the ...

Adjustable-Rate Mortgage Has Good Short-Term Advantages

The Washington Post;  March 14, 1998 ;     700+ words ......course, ARMs (adjustable-rate mortgages). Exactly what is an adjustable-rate mortgage? It...mortgage loans at 8 percent, 9 percent or...point equals 1 percent of the loan. If you get a one-year adjustable rate at 6.5 percent and the lender...percent ...