http://www.lendingclarity.com/2006/11/30/creating-affordable-payments-part-iii/ Home loans made easy Fri, 21 Nov 2008 15:40:50 +0000 http://wordpress.org/?v=2.3 http://www.lendingclarity.com/2006/11/30/creating-affordable-payments-part-iii/#comment-59 Marc Brinitzer » Blog Archive » Creating Affordable Payments (Part V): Pay Option ARMs Fri, 19 Jan 2007 15:42:11 +0000 http://www.lendingclarity.com/2006/11/30/creating-affordable-payments-part-iii/#comment-59 [...] Okay, in our effort to create affordable payments, we laid a foundation with the 15 and 30 year fixed rate loans in Part I. We stretched the repayment term out to 40 and 50 year loans in Part II, and then looked at shorter term intermediate arms—the 3/1, 5/1 and 7/1–-in Part III. In Part IV, we looked at interest-only loans that eliminate the principal portion of payments entirely. [...] […] Okay, in our effort to create affordable payments, we laid a foundation with the 15 and 30 year fixed rate loans in Part I. We stretched the repayment term out to 40 and 50 year loans in Part II, and then looked at shorter term intermediate arms—the 3/1, 5/1 and 7/1–-in Part III. In Part IV, we looked at interest-only loans that eliminate the principal portion of payments entirely. […]

]]> http://www.lendingclarity.com/2006/11/30/creating-affordable-payments-part-iii/#comment-35 LendingClarity.com » Blog Archive » Creating Affordable Payments (Part IV): Interest Only Loans Fri, 29 Dec 2006 07:09:51 +0000 http://www.lendingclarity.com/2006/11/30/creating-affordable-payments-part-iii/#comment-35 [...] In Part II of the Creating Affordable Payments series, we looked at 40 and 50 year loans to see if the advertising claims about lower were true, and we found that these loans do not really help, and the overall interest cost is much higher.  In Part III , we looked at Intermediate ARMs to see if they were the answer to today’s most common challenge.  Unfortunately, with the inverted yield curve in U.S. Treasury securities, the rate on a 5/1, 7/1, or 10/1 ARM is often higher today than the 30 year fixed.  [...] […] In Part II of the Creating Affordable Payments series, we looked at 40 and 50 year loans to see if the advertising claims about lower were true, and we found that these loans do not really help, and the overall interest cost is much higher.  In Part III , we looked at Intermediate ARMs to see if they were the answer to today’s most common challenge.  Unfortunately, with the inverted yield curve in U.S. Treasury securities, the rate on a 5/1, 7/1, or 10/1 ARM is often higher today than the 30 year fixed.  […]

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