5 Year Arm

March 25, 2010
Matt Isleib

 

Right now ARM mortgage rates for Connecticut borrowers are the lowest that I have seen. An “ARM” or adjustable rate mortgage is fixed for a specific period of time and then becomes adjustable. For example:

·         3/1 ARM is fixed for 3 years and then turns adjustable

·         5/1 ARM is fixed for 5 years and then turns adjustable

·         7/1 ARM is fixed for 7 years and then turns adjustable

Eversley Capital Mortgage Norwalk, CT has some of the lowest ARM rates in the state of CT. We are committed to offering the lowest rates and fees available. Here are some examples of how low mortgage rates are.

A conventional 5/1 ARM assuming 80% ltv and 720 fico is 3.375%

A conforming jumbo 5/1 ARM up to $708,750 in Fairfield County CT is 3.5%

Call us or click and apply today for the lowest adjustable and fixed rates in the state. www.EversleyCapital.com  203-838-6760