John Has Always Put My Interests First.
“He is one of the most thoroughly prepared, attentive and competent professionals I have worked with.”
Robert A. Pagano
Read Quote >
View All Quotes >
|
|
All agents are NOT alike! Find out why we are top real estate experts. Call us: 704-999-0896.
|
Sign Up For Our eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
Find Out More >
View All Offers >
|
 Compare
three mortgages at one time. Download TripleCalc now. It's
free. |
|
|
|
For Home Sellers:
Why Sellers Choose John DeSmedt - Why home sellers in Charlotte, Lake Norman and Concord choose John DeSmedt. Free Presentation - Free in-home listings presentation on marketing your Charlotte, Lake Norman and Concord, in Mecklenburg, Carrabus County North Carolina property. Property Valuation - How much is your Charlotte, Lake Norman and Concord home worth? What Did That Home Sell For? - What did that Charlotte, Lake Norman and Concord, North Carolina property or other real estate sell for? FSBO - Selling your Charlotte, Lake Norman and Concord real estate on your own? Go to Main Sitemap - Main sitemap sections include Find Charlotte, Lake Norman and Concord Homes, For Home Buyers, For Home Sellers, Charlotte, Lake Norman and Concord Information, Real Estate Resources, and About John DeSmedt.
Please Sign Up For The Latest Listings and the Latest Real Estate News
 |
Financing Your Home >The Margin on an ARM When you are shopping for an Adjustable Rate Mortgage, the important thing to consider is the margin. Each time your loan is adjusted, the new interest rate will be tied to an index of Treasury notes. The margin is the percentage point above that index where your rate will be set.
Let's suppose that you have a one-year ARM with a 2.5 margin. Your initial rate was 7.5%, and during the first year of the loan, the index of 1-year Treasury notes was at 6.25%. The rate for the second year of your loan would be adjusted to 8.75%. With a margin of 2.75, it would increase to 9%. Some lenders offer lower initial rates with higher margins. In this case, the subsequent rates could be higher after the first year, than if you chose a higher initial rate with a lower margin.
If you are confused by the various mortgage offers, ask a professional mortgage broker to sit down with you and show you how it works. Today the rates and different financial possibilities are so variable that it is a good idea to talk to a mortgage broker--they usually know where the best rates can be found.
|
|
| Q |
What U.S. state is home to the world's richest woman?
|
| A |
Alice Walton, daughter of WalMart's founder and heiress to $16.5 billion, lives on a ranch in the state of Texas. |
 See More Real Estate Trivia > |
|
|
John DeSmedt
Keller Williams
19721 Bethel Church Road
Cornelius, NC 28031
704-999-0896
Fax: 704-439-3883
JohnDeSmedt@NUMBER1EXPERT.com
I am a highly trained “Real Estate Specialist” with many years of valuable expertise. I deal with buyers and sellers from all walks of life and an assortment of needs.
My website provides excellent information on various topics and allows home buyers to sign up to receive all the latest listings in any area.
For home sellers I have developed a system which I refer to as the “Ultimate Home Marketing System". It has proven to be extremely successful in finding that qualified buyer.
I hope you will afford me the opportunity to sit down and discuss your real estate needs.   
www.JohnDsellshomes.com is brought to you by
John DeSmedt
NUMBER1EXPERT™ in real estate for
Charlotte, Lake Norman and Concord, North Carolina Read John DeSmedt's
Privacy Guarantee,
Terms of Service,
and
Free & Without Obligation Pledge
|
|
NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
