Why Adjustable-rate Mortgages (ARMs) Are Becoming More Attractive
Conventional rates are slowly on the rise, making adjustable-rate mortgages (ARMs) more attractive. For those concerned about the stability of their mortgage payment, Capital City Home Loans offers 7 and 10-year ARM programs which delay the first-rate adjustment to 7 or 10 years. The initial years prior to the adjustment are when the loan balance…