Should I Get an Adjustable Rate Mortgage in 2024?
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- เผยแพร่เมื่อ 5 มี.ค. 2024
- Is it a good idea to get an Adjustable Rate Mortgage in 2024? With high interest rates - and with rates expected to come down - lots of people are thinking they will get a good deal with an Adjustable Rate Mortgage and save money, just to refinance later once rates come down. This video explains why that approach isn't working like a lot of people think it would.
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This is so informative! Thank you for sharing
Thanks!
Great job!
Thanks!
Great information. Makes so much sense!!
Thank you Carmen!
Nice presentation- great job explaining interest rate risk from the perspective of the lender and borrower and highlighting the a lender’s challenge of matching the timelines of assets and liabilities.
Thank you!
Good presentation
I understand no one's getting many good deals for ARMs. But if someone were getting a deal on a 3/1 ARM (0.75% less rate compared to 30 year fixed) it is a good option in current environment considering the general expectation that rates come down (based on yield curve you showed)
You should pay cash if you have to finance anything it means you can't afford it
Thank you. Give Mr. Ramsey my regards next time you see him.