Comments on: Trouble Ahead With Option ARM Mortgages? http://www.getmoneyenergy.com/2009/12/defaults-payment-option-arm-mortgages/ Canadian Dividend Stocks and DRIP Investing for Dividend Growth and Cashflow Sat, 06 Aug 2011 12:18:12 -0600 http://wordpress.org/?v=2.8.4 hourly 1 By: Financial Samurai http://www.getmoneyenergy.com/2009/12/defaults-payment-option-arm-mortgages/comment-page-1/#comment-3185 Financial Samurai Sat, 12 Dec 2009 02:29:19 +0000 http://www.getmoneyenergy.com/?p=4188#comment-3185 Have you spoken to a mortgage broker or bank to refinance lately? Rates are so cheap. Those who have taken ARM loans have saved a TON of unnecessary interest expense over the past 8 years, and now can refinance at the same rate. They were the financial geniuse compared to those who got a more expensive 30 yr fixed ironically. Have you spoken to a mortgage broker or bank to refinance lately? Rates are so cheap.

Those who have taken ARM loans have saved a TON of unnecessary interest expense over the past 8 years, and now can refinance at the same rate. They were the financial geniuse compared to those who got a more expensive 30 yr fixed ironically.

]]> By: MoneyEnergy http://www.getmoneyenergy.com/2009/12/defaults-payment-option-arm-mortgages/comment-page-1/#comment-3184 MoneyEnergy Fri, 11 Dec 2009 16:54:28 +0000 http://www.getmoneyenergy.com/?p=4188#comment-3184 The problem with that line of thinking is that it doesn't address all the problems connected to it and surrounding it. You've got to see these things as part of a whole ecology of global finance - not just in terms of one family's decision-making. The problem with that line of thinking is that it doesn’t address all the problems connected to it and surrounding it. You’ve got to see these things as part of a whole ecology of global finance – not just in terms of one family’s decision-making.

]]> By: Financial Samurai http://www.getmoneyenergy.com/2009/12/defaults-payment-option-arm-mortgages/comment-page-1/#comment-3183 Financial Samurai Fri, 11 Dec 2009 06:44:54 +0000 http://www.getmoneyenergy.com/?p=4188#comment-3183 Hi Clare - Not sure if you are aware, but those whose ARM's are expiring get to refinance into similarly low rates. The 10 year yield has remained below 3.5%. The Fed Funds rate could go up a full 1-1.5%, and the 10-yr yield will still be below 4%. It's no big deal no matter how much the media tries to scare people to drum up business. Hi Clare – Not sure if you are aware, but those whose ARM’s are expiring get to refinance into similarly low rates. The 10 year yield has remained below 3.5%. The Fed Funds rate could go up a full 1-1.5%, and the 10-yr yield will still be below 4%.

It’s no big deal no matter how much the media tries to scare people to drum up business.

]]>