I will be living in my house more than 5 year i'm sure but i can't say longer than 10. Are there better options i should consider? I assume interest rates will rise in the next couple years if tapering and a recession hit by keithCtaylor8178821 from Hamilton, Alabama. Oct 11th 2013
Sounds like you should look into a 7 or 10 yr arm.....Have your local lender run an analysis for you and compare....Good luck...
Look for a 10 yr jumbo ARM
PS. We do have that option if you'd like me to look at options for you. Pricing on a jumbo varies greatly based on the loan scenario and the borrower's qualifications. pdumouchel@primelending.com or 843-619.6025 - would be pleased to work with you!
I have all Jumbo ARM types your looking for. We have the best rates in the country. Call me or email me bmiller@ahmcloans.com or 267-296-9185 directly to my desk. thank you!
Take the 30 year fixed rate unless you see a substantial difference in the rates between the 10 year and the 30 year...
7/1 jumbo or 10/1 jumbo would be best.. and for most lenders the pricing on the 7 year would be less. I'm a Broker here in Scottsdale AZ and I only lend in Arizona. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com
Get pricing on both 10 year ARM, and 30-year fixed.
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