Mon Jul 11, 2022 by Oppenheim Law on Real Estate
With economic uncertainty in the market, many homeowners are looking to adjustable rate over fixed rate mortgages. Why? Initially adjustable-rate mortgages, or ARMs, typically offer lower rates than fixed mortgage rates and then adjust at specific intervals over the life of the loan. Currently, ARMs look attractive to those home purchasers who are concerned with both higher mortgage rates, rising […]
Wed Jul 19, 2017 by Oppenheim Law on Florida Real Estate
Adjustable-rate Mortgages: The New Millennial Trend? In a previous video blog, we discussed crucial differences and considerations when it comes to choosing an Adjustable-Rate-Mortgage (ARM) versus a fixed-rate mortgage. A recent article from The Wall Street Journal shed some light on how Millennials are progressively opting for ARMs as opposed to the standard fixed-rate mortgages. While ARMs account for less […]
