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Coldwell Banker Residential Brokerage Let me show you the community I LIVE IN and LOVE! Call Debbie, #1 EXPERT and #1 local expert: 877-273-2146.
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Buyers Want Your Home for as Little as Possible.
Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision.
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Debbie Wyrsch is one of The Top
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|  | | | Sahuarita Stingrays | |
Giving Back to the Community I live in Southern Arizona and have made the choice to raise my family here. I believe that we must all work together and support community efforts. I am a proud sponsor of AYSO Soccer and Tournament teams, Copper Hills Little League Softball, Sahuarita Stingrays Swim Team and have contributed to many golf tournaments, Continental Ballet, and many other area special events. |  | | | The Screaming Eagles Soccer Team | |
Financing Your Home >The Margin on an ARM When you are shopping for an Adjustable Rate Mortgage, the important thing to consider is the margin. Each time your loan is adjusted, the new interest rate will be tied to an index of Treasury notes. The margin is the percentage point above that index where your rate will be set.
Let's suppose that you have a one-year ARM with a 2.5 margin. Your initial rate was 7.5%, and during the first year of the loan, the index of 1-year Treasury notes was at 6.25%. The rate for the second year of your loan would be adjusted to 8.75%. With a margin of 2.75, it would increase to 9%. Some lenders offer lower initial rates with higher margins. In this case, the subsequent rates could be higher after the first year, than if you chose a higher initial rate with a lower margin.
If you are confused by the various mortgage offers, ask a professional mortgage broker to sit down with you and show you how it works. Today the rates and different financial possibilities are so variable that it is a good idea to talk to a mortgage broker--they usually know where the best rates can be found.
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| Q |
Which islands are considered the largest islands in the US?
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| A |
The Hawaiian Islands with 10,456 square miles are followed by Kodiak Island in Alaska at 9,510 square miles. |
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- NUMBER1EXPERT™ 
