CONSIDER IF NEW ADJUSTABLE-RATE MORTGAGE IS RIGHT FOR YOU.(REAL ESTATE WEEKLY)
Byline: STEVE ROCKEFELLER A new adjustable-rate mortgage (ARM) indexed to a leading indicator of world financial markets allows borrowers to follow the world and benefit from very competitive international interest rates. The LIBOR ARM is tied to the London Inter Bank Offering Rate, which is an

Publication: The Virginian Pilot

In shifting rate climate, consider adjustable-rate mortgage funds
Q. My broker told me I should buy an "adjustable-rate government securities fund" that buys mortgages and pays higher interest rates than my money market account. What are these mortgage funds, how much do they pay, and are they risky? A. With money market funds yielding less than 4.25 percent,

Publication: Chicago Sun-Times

Consumers Should Consider Adjustable Rate Mortgages, Experts Say.
Byline: Paul Gores Mar. 20--When Andy and Shannon Novotny were looking for a loan to finance their new home, nothing made more sense to them than an adjustable-rate mortgage. The house they bought in Wauwatosa last fall would be their first. They planned to stay there no more than six years. And

Publication: The Milwaukee Journal Sentinel (Milwaukee, Wisconsin) (via Knight-Ridder/Tribune Business News)

REAL ESTATE Q & A: Much to consider with adjustable-rate mortgage.(Real Estate)
Q I am thinking of refinancing. I have a 30-year fixed-rate loan and am thinking of switching to an adjustable rate. What is the best way to compare types of loans? A Some people compare adjustable-rate loans by comparing the APR, but a single number doesn't reveal the whole story. You need to

Publication: The Boston Herald

Detroit Free Press Susan Tompor column: Now's time to get out of adjustable-rate mortgage.(Column)
Byline: Susan Tompor Sep. 27--Many homeowners with adjustable-rate mortgages could be looking at one more lucky break as the bond traders on Wall Street fret about whether the U.S. economy could soon be hitting the skids. The break? The average 30-year fixed mortgage rate is expected to fall to

Publication: Detroit Free Press (Detroit, MI)

Mortgages explained: fixed-rate vs. adjustable
Borrowers contemplating the pros and cons of fixed-rate mortgages versus adjustable-rate mortgages should consider numbers compiled by Mortgage Bankers Association. Apparently, today's home buyers prefer fixed-rate mortgages, accounting for nearly 77 percent of all loans funded in 1997. Interest

Publication: Chicago Sun-Times