Financing in 02474 : Questions & Answers

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Ed Groussman, Real Estate Pro in New York, NY
Ed Groussman answered:
We want a home loan which we know we will be able to pay off in 5 years. Which is the best mortgage for that ? Are there any 5yr fixed rate mortgages?
If you are certain you will be paying off the loan in 5 years then a 5/1 ARM is definitely the way to go as the interest rate will be considerably lower than any longer termed fixed rat ... more
0 votes Share Flag Fri Apr 8, 2011 Financing in 02474
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