How To Lock In A 4% Mortgage Rate For 10 Years

Columbia SC     I have never been a big fan of adjustable rate mortgages....until this week. 

A large mortgage bank in the midlands has just announced an ARM with a locked in rate of just 4.0% for 10 years that provides a great opportunity for home buyers who will only be in their homes for a limited period of time!  On average, most first time home buyers live in their first house for 5 to 7 years.  With home prices at their lowest levels in 4 years what a great way to begin building your financial stability for the future.

Some ARMs in the past have enticed buyers with a low teaser rate for three years and then BAM!, their monthly house payment balloons and if the owners have added a new family member or two during this time span it really hurts.  This will probably continue in the future because mortgage rates will almost certainly begin to rise over the next several years.  But if you can lock in a 4% rate for 10 years it is like stealing money from the bank.  Let me show you how you can buy a home today for less than you are paying for rent.

Terry Edwards          New & Existing Home Sales

tedwards@sc.rr.com     www.FeaturedColumbiaHomes.com

803 920 5327

How To Lock In A 4% Mortgage Rate For 10 Years

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