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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.

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  2. Ep 23: The Rise of the Adjustable Rate Mortgage

Ep 23: The Rise of the Adjustable Rate Mortgage

Oct 20, 2022

With interest rates being the highest they have been in many years, Adjustable Rate Mortgages, or ARMs, are becoming more popular. There is a lot of stigma around ARMs due to the housing crash in 2008.

In this episode, we are going to address some common concerns with ARMs and explain how they can be great resources for the right borrower. Listen to learn if an Adjustable Rate Mortgage could be right for you.

Listen to this week’s show to learn more about:

  • How the current 7% interest rate has increased the use of Adjustable Rate Mortgages. (2:19)
  • How ARMs were a part of the problem in 2008. (4:30)
  • What factors play into whether an ARM is recommended for a home buyer? (6:44)

CONTACT: 

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