Adjustable Rate Mortgages Are An Absolute Steal Right Now. Have You Checked The Rates Lately?Home buyers would be behind to not at least consider the 5-year ARM right now. As compared to the 30-year fixed, the 5-year ARM is an absolute steal.
Courtesy of The Mortgage Report.
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Your primary residence is a Liability, please dont think otherwise. Your rental property is an Asset. Know the difference:
ReplyDeleteLiability - takes money out of your acount.
Asset - puts money into your account.
Now, you can look at your Assets and Liabilities through your other 'eyes'.