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Which is better-2/28 ARM or 30 year fixed interest-only?

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Icon Mini Profile mikesnider



Joined: 05 Jul 2007

Posts: 4



2.73 Dollars($)

PostPosted: Thu Jul 05, 2007 1:52 pm    Post subject:

Danelle,

Generally the adjustable rate loans are not discounted enough in this market to make them attractive. Your most likely better off with a fixed rate. Please look at FHA programs, even if you have had a past bankruptcy.

Mike Snider
 
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Icon Mini Profile ezmortgageloanz

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Joined: 06 Apr 2007

Posts: 124
Location: National


37.57 Dollars($)

PostPosted: Wed Jul 11, 2007 3:54 am    Post subject:

Yes, "OP" means "original poster"...
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