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School Reports in Arlington, Dallas Suburbs and DFW Metroplex, Texas

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Financing Your Home >Hybrids Offer Low Rates

In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.

Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.

Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.

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Q	What vast and beautiful territory is named with an Indian word meaning "Big Village"?
A	Canada
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The Roberta Carlton Team, REALTOR®, real estate agents and broker for Arlington, Dallas Suburbs and DFW Metroplex, Texas home listings, property and land for sale - NUMBER1EXPERT(tm)

The Roberta Carlton Team
RE/MAX Pinnacle Group
1241 W Green Oaks Blvd
Arlington, TX. 76013
Phone: 817-299-1060
Fax: 817-795-3711
Mail Email: roberta@robertacarlton.com
Roberta Carlton has been an agent for the past 20 years and is ranked in the top 1% of agents for production. She has developed a team of professionals that work with her and her motto is "Fullfilling Dreams One Home At A Time" She has obtained the Platinum Award each year she has been with Re/Max and is an elite member of Re/Max Hall of Fame. Remember, Roberta is "A House SOLD Name" in real estate.

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