I’ll be darned,thanks for that info.
I know when my kids were buying their homes I told them to avoid adjustable rate mortgages and get a fixed rate.
The ARMs get a lot of people in trouble here.
.
Oh yes, you guys have some complex products. Isn’t their ARMS that jump like 2% after so many years - or are those schemes all finished now?
Sounds like another rate hike from the Fed may be coming?