« Homeowner Loans - First Rate Service for | Main | New Mexico Mortgage - 3 Basic Types of Interest Rates to Choose »
November 22, 2006
An ARM That Only Adjusts
Some marketers just never sleep. A new concept called a "ratchet mortgage" is being proposed that would provide for interest rates reductions when the rate index changes, but would be designed so that interest rates would never adjust
Posted by Tom at November 22, 2006 03:27 PM
