halogen wrote a fantastic post today on “Help me save money on a mortgage.”
Here’s ONLY a quick extract
Help me save money on a mortgage.
Mortgage filter: is there any reason I shouldn’t get a 5/1 ARM at a slightly lower interest rate than the 30-year fixed option? Asking for Dad. I am buying a $247,000 foreclosed townhouse in Houston, TX with $50,000 down. I am financing $197,000 and currently have the following offers for mortgages …
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Tags: Interest, Mortgage, Fixed, loan, arm, resolved, adjustable
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