Who’d have thought? Today, lenders are putting limits on how LOW an adjustable rate mortgage rate can go. Just like caps on interest rate adjustments help protect borrowers, interest rate floors protect lenders. Continue reading ‘When Your ARM Hits the Floor’
(8 votes, average: 4.88 out of 5)
Loading ...
Gina Pogol writes for an online media company about mortgage and finance. In addition to a decade in mortgage lending, she formerly consulted for Experian and other credit bureaus, and worked as a tax accountant for Deloitte. She has a BS in Financial Management from the University of Nevada.
(5 out of 5) (5 out of 5) (5 out of 5) (5 out of 5) (5 out of 5) (5 out of 5) (5 out of 5) (5 out of 5) (5 out of 5) (5 out of 5)
