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adjustable rate mortgages: The Incredible Shrinking Mortgage Market - 03/12/08 03:39 PM
Not so long ago the mortgage market was a lot like Baskin Robins 31 Flavors Ice Cream - a flavor for every need or taste. You wanted Rocky Road or Lemon Custard? No problem. A 5 year fixed payment Jumbo option ARM or a 30 year fixed rate with interest only … (0 comments)

adjustable rate mortgages: When Does it Make Sense to Use an Adjustable Rate Mortgage to Purchase Your Home? - 02/28/08 11:40 AM
With the rates on fixed rate mortgages moving higher over the last few weeks, adjustable rate mortgages (ARMs) are suddenly popular again. Right now there is a huge spread between the rate on a 30 year fixed rate mortgage, and a 5-1 ARM, which is fixed for the first five years … (1 comments)

adjustable rate mortgages: Should You Refinance Your Adjustable Rate Mortgage? - 02/27/08 09:55 AM
Do you have an adjustable rate mortgage that is due to adjust this year? If so, you've got plenty of company. There are a lot of Adjustable Rate Mortgages (ARMs) resetting this year. I've seen estimates as high as one trillion dollars worth - that's one with twelve zeros behind it! … (3 comments)

adjustable rate mortgages: What Kind of Mortgage Do You Have? 34% of Consumers Don't Know! - 11/18/07 08:53 PM
The Chicago Tribune  had an article today which said that in a survey commissioned by Bankrate.com, 34% of the people did not know if their mortgage was a fixed rate or an adjustable. In a separate survey commissioned by the AFL-CIO, 49% of consumers with adjustable rate mortgages did not know … (2 comments)

 
Loan Officer: Peter Thompson - Chicago Mortgage Insight (Professional Mortgage Partners)
Peter Thompson - Chicago Mortgage Insight
Downers Grove, IL
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Professional Mortgage Partners

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