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With LIBOR Low, Don’t Rush To Refinance Your ARM

Is your mortgage scheduled to adjust this season? You may want to let it.

Posted in: Adjustable Rate Mortgages, Budgeting, Coral Springs, Coral Springs FL, Coral Springs Homes, FL, Florida, Heron Bay, Mortgage Rates, New Home Sales, Parkland, Parkland FL, Parkland Florida, Parkland Golf & Country Club, Parkland Golf and Country Club, Parkland Homes, Parkland Isles, Parkland Reserve, Pending Home Sales, South Florida Tagged: Adjustable-Rate Mortgages, ARM, LIBOR

Adjustable-Rate Mortgages Starting To Adjust Higher

For the first time in a year, homeowners with adjusting mortgages are facing rising mortgage rates.

Posted in: Mortgage Rates Tagged: Adjustable Rate Mortgage, LIBOR, Pending ARMs

Conforming ARMs From 2004-2006 Are Adjusting To 3 Percent

If you have an adjustable-rate mortgage that’s due to reset this season, don’t rush to refinance. For at least one more year, you can benefit from low rates and low payments. As for the next adjustment, though, that’s anyone’s guess.

Posted in: Mortgage Guidelines Tagged: ARM, ARM Reset, LIBOR

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Parkland FL REALTOR®Jon Klein, REALTOR®, P.A.,GRI

954-415-5595 Direct

954-449-9325 Office

954-827-0464 Fax

jon@jonklein.com

5691 Coral Ridge Drive
Coral Springs, FL 33076

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