What Is A Convertible ARM?

On most transactions, there is usually a listing agent and a selling agent. The selling agent is sometimes referred to as the buyer\'s agent, because he works on the buyer\'s behalf and it ...

With 236 sunny days in a year and no freezing temperatures, Clermont really deserves a closer look. And even though it is in the heart of Lake County, the risk of having your house flooded ...

Developed by a successful management consultant in the ‘60s named Albert S. Humphery, the SWOT analysis is still in use today at management level. It starts with a goal in mind, a ...

Are you wondering what is the difference between being prequalified and preapproved for a loan? Do you always get confused because they seem pretty much the same thing, right? But there is ...

So you’re thinking of moving to Boca Raton. We’ve all been there. Whether it’s within your price range or not, Boca Raton is a gorgeous city and you can’t blame ...

What is a good credit score ? In 2020, our credit score is an essential and integral part of our financial lives. Replacing outmoded concepts like a good reputation and an unbroken word of ...

Boca Raton is a town located in Palm Beach County, South Florida with an estimated population of 99,224 according to the most recent United States census done in 2019. The city of Boca ...

You came in here looking to find out what happens when a property starts to depreciate but the truth is that the question comes from a false premise because not all properties depreciate. ...

The rate charged the borrower each period for the loan of money, by custom quoted on an annual basis. A mortgage interest rate is a rate on a loan secured by a specific property. ...

An option exercised by the borrower, at the time of the loan application or later, to 'lock in' the rates and points prevailing in the market at that time. When lenders 'lock/' they ...

A mortgage Web site that shows mortgage prices posted by participating lenders, in some cases hundreds of them. ...

Refinancing that omits some of the standard risk control measures and is therefore quicker and less costly. The rationale for streamlined refinancing is that, while it is an entirely new ...

Equations used to derive common measures used in the mortgage market, such as monthly payment, balance, and APR. ...

The interest rate that is fixed for some specified number of months or years at the beginning of the life of an ARM. ...

The amount invested in a house, equal to the sale price less the loan amount. The House Investment Decision: Lenders impose the upper limit on how much a household can spend for a house. ...

A contribution to a borrower's down payment or settlement costs made by a home seller, as an alternative to a price reduction. ...