| Phoenix Loan Products - Different ARM |
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An adjustable rate mortgage, or ARM, is a mortgage rate that adjusts with the current market rates. Although this may not be the safest option, it has a rate that is always two or three percent lower than a fixed rate mortgage. Within the adjustable rate mortgage you can choose specific types, such as choosing a mortgage rate that is fixed for a whole year, but the next year will adjust depending on the market conditions. It adjusts year to year, rather than month to month. A few other adjustable rate mortgage types are the CD's and the Treasury ARMs. CD's, or certificates of deposit, have a maximum interest rate of one percent every six months, meaning that if the market were to rise by two percent in six months, the CD will require you to only go up one percent rather than two. The CD also reacts exactly with the market rates. The other type is the Treasury Average and Spot ARM. These work slower that the CD, therefore giving you time to react to the market. Ask you mortgage professionals at Phoenix Arizona Mortgage.com for more information regarding mortgage types and various rates.
More Phoenix Loan Product Information:
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| Lowest Rates In Phoenix |
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Here at Phoenix Arizona Mortgage we offer the lowest rates north of the border.
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Our area's natural beauty begins with rugged mountain ranges; Saguaro cacti that tower over hiking trails; and sunsets more spectacular than you could imagine. You'll find 325 days of annual sunshine, 200 picturesque golf courses and 36 amazing resorts.
Greater Phoenix is affordable by air, providing low-fare service to more destinations (84) than any U.S city. With more than 1.3 million residents, Phoenix will soon be the fifth-largest U.S. city.
| Free Consultation |
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We now offer free consultations. Call us now at Phoenix Arizona Mortgage to recieve the FREE consultation you have been looking for.
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Our area's natural beauty begins with rugged mountain ranges; Saguaro cacti that tower over hiking trails; and sunsets more spectacular than you could imagine. You'll find 325 days of annual sunshine, 200 picturesque golf courses and 36 amazing resorts.
Greater Phoenix is affordable by air, providing low-fare service to more destinations (84) than any U.S city. With more than 1.3 million residents, Phoenix will soon be the fifth-largest U.S. city.
| 100's of Loan Programs |
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At Phoenix Arizona Mortgage we offer over 100 loan programs to help find the mortgage loan that suits you best. Call one of our customer service representatives for more information.
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