Goring The Sacred Ox

The media commentary on the housing crises, perpetuated by a plethora of talking heads with all manner of opposing solutions, continues unabated in this country.  We are pretty sure that many of the bright ideas offered to fix the problem are emanating from tenured professors with no fear of income loss, hence little risk of [...]

Why Should You Look At Adjustable Rate Mortgages?

Comparing the 30-year fixed to the 5-year ARM Apr 2009-Apr 2010

Each week, government-led Freddie Mac publishes a weekly mortgage rate survey based on data from 125 banks across the country. According to this week’s results, the relative rate of a 5-year ARM is extremely low versus its 30-year fixed-rate cousin.