
Marketing Your Home. Before signing a contract with any real estate agent, make sure you know EXACTLY how your home will be marketed. Find Out More > View All Offers >
|
Compare three mortgages at one time.
Download TripleCalc now. It's free.
|
Christine Cowden is one of The
Top Selling Real Estate Experts Find Out More > |
|
|
 |
Special Offers From Me To You! Just for you, I've assembled some Special Offers. Choose one or all!
Marketing Your Home.
Before signing a contract with any real estate agent, make sure you know EXACTLY how your home will be marketed.
Request My Relocation Package!
Moving your family to another town or state is a major event in your life! I have helped many families and individuals relocate!
Sign Up For My eNewsletter.
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.

Financing Your Home >Convertible ARMs
Many lenders are offering a type of Adjustable Rate Mortgage which will allow the buyers to convert their ARM to a fixed-rate mortgage without the expense of refinancing. There are several variations of this type of loan, so you should be informed about the various options before you decide on a loan.
Each lender places restrictions on when the ARM can be converted to a fixed-rate loan. Some allow a conversion after the first year of the mortgage, while others allow a change only on the rate adjustment dates. There is usually a fee for converting the mortgage, but it is much less than the cost of refinancing. The rate that you will pay after the conversion may be slightly higher than the going rate for fixed-rate mortgages. A real estate agent can provide you with a list of lenders who offer convertible ARMs, so that you can shop for the one that is best for you.
|
 |
| Q |
What famous example of post-colonial architecture is modeled after the palace of the Duke of Leinster in Ireland?
|
| A |
The White House in Washington, D.C., begun in 1792 and burned by the British in 1814, was rebuilt in 1818 and restored in 1951.
|
See More Real Estate Trivia > |
|
|
|
|