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Margins relating to mortgage products

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SBJK
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PostPosted: Wed May 07, 2008 6:16 am    Post subject: Margins relating to mortgage products

So, are margins only applied to ARM products? Or are there margins for all mortgage products?
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gmakerley

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PostPosted: Wed May 07, 2008 10:03 am    Post subject:

margins are specific to adjustable rates.
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George M. Akerley
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Niicss

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PostPosted: Thu May 08, 2008 5:57 am    Post subject:

Welcome SBJK,

Gmakerley is absolutely right. Margin is only applicable to ARM. There is a good discussion on another forum thread which explains Margin thoroughly. So please have a look at http://www.mortgagefit.com/margin.html

Hope that will help you understand "Margin" better.

Let me know if you have any further questions.

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