Joe 's Blog

head_left_image

ARM Indexes: A 10 year Comparison



 

Joe Gonzalez
Branch Manager
1st Metropolitan Mortgage
Phone: 610-351-7510
Fax: 610-351-7810
jgonzalez@1stmetro.net
http://www.1stmetropolitan.net/

ARM Indexes: A 10-Year Comparison

The roller coaster ride of the market.  As you can see, we are on a decline toward rates of a few years back.  For those clients that say rates are high please show them this chart & point to February 1999 - 2000.  Rates are great!!

 

 

For help or questions contact:

Joe Gonzalez

Senior Loan Consultant -  NMLS #126036
GMH Mortgage Services, LLC
625 W. Ridge Pike, Building C, Suite 100 | Conshohocken, PA  19428 | Direct: 610-355-8039 |  Cell: 610-739-6563

FHA Jumbo Loan, Mortgage King Of Prussia   FHA Jumbo Loan, Mortgage King Of Prussia   FHA Jumbo Loan, Mortgage King Of Prussia

This material is non-exclusively licensed to Joe Gonzalez and may not be copied, reproduced, or sold in any form whatsoever. Copyright ©2006-2014, Bring the Blog. All rights reserved. Terms of Service.
Comment balloon 9 commentsJoe Gonzalez • March 25 2008 07:36AM

Comments

Very interesting and informative post. Thanks
Posted by Charlie Ragonesi, Homes - Big Canoe, Jasper, North Georgia Pros (AllMountainRealty.com) about 10 years ago
Great graph and thanks for letting us use it.  You are right like the real estate market interest rates are a roller coaster too.
Posted by Miriam Bernstein, CRS, New Orleans and Surrounding Suburbs Real Estate (New Orleans Property Lady, LLC) about 10 years ago
Love the visual.  Rates are great!
Posted by Natalie Langford, Winchester, VA Real Estate (Realty Negotiations) about 10 years ago

What a great post ! Thanks for sharing this with us!

CEO
http://www.InsurancePricedRight.com
Your Online Insurance Agency

Posted by Insurance CEO (InsurancePricedRight.com) about 10 years ago
I didn't think that this many people would be interested in the graph.  I mean I'm a numbers geek so I love this stuff.  My fiancee is a corporate accountant so she does too.  I guess there are more #'s geeks out there than I thought.  Then again, numbers never lie & when you can put this stuff in front of clients, you can show them what the real deal is!  Glad everyone is enjoying it!
Posted by Joe Gonzalez, NMLS# 134407 (877)507-2006 (GMH Mortgage Services LLC) about 10 years ago
its amazing that some people think rates are high.
Posted by Timothy P. McDonald (P. Timothy McDonald, Esq.) about 10 years ago
Joe: There are plenty of us #geeks out there. This is a great visual and even people that don't 'get' numbers can tell up from down. It was the only way I passed my college Economics class!
Posted by Tara Colquitt, Credit Counselor (Tara Colquitt, The Credit Woman, LLC) about 10 years ago

Great visual on those indexes.  I see charts for the 30 year fixed rate in my office all the time, but this is really helpful.

Posted by Chris Ann Cleland, Associate Broker, Bristow, VA (Long and Foster REALTORS®, Gainesville, VA) about 10 years ago
Great visual and great information.  Thanks for the post!
Posted by Jacob Webster, Indiananulls Senior Mortgage Consultant (Sagamore Home Mortgage, LLC.) about 10 years ago

Participate