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If you have questions about the mortgage process of buying a home or the ins and outs of refinancing then this is the show for you. Join Cross Country Mortgage Regional President Bill Litton as he breaks down key lending terms, answers listener questions, and provides you tons of tips and education about the mortgage world.

You could save thousands of dollars on your next mortgage decision just by tapping into some of the great information on the Smart Mortgage Show.

Schedule a time to meet with Bill and and don't hesitate to reach out with any questions. 484-352-4151. NMLS #147060.

Apr 7, 2022

With inventory still low, the market is still rough out there for buyers. At the same time, interest rates are rising with inflation proving to be a bigger issue than anticipated. On today’s episode, we are going to discuss a CBS article that relates to some of these issues. With rising interest rates are borrowers returning to adjustable-rate mortgages, a staple of the 2008 housing market crash?

We’ve certainly been asked about these mortgages more recently as people try to maintain the interest rates we saw 6 months ago. But when we go through the full analysis there’s not enough disparity between a fixed rate and an adjusted rate to make a lot of sense right now. Join us today as we discuss adjustable-rate mortgages, how they impact the market, and what we can expect to see going into the future.

CBS Article:



0:21 – What has caught your eye in the mortgage world?

3:31 – Are adjustable rate mortgages coming back?

4:54 – What is an ARM and how did it impact the housing bubble?

7:04 – When does an ARM make sense for someone?

8:18 – Will we see ARMs continue to increase?

9:01 – Pros and cons of an ARM

10:00 – It’s more about the advisor than the product

10:54 – How do we avoid another 2008 housing crisis?



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