{"id":584,"date":"2014-02-23T03:28:24","date_gmt":"2014-02-23T03:28:24","guid":{"rendered":"http:\/\/cranbrookloans.com\/?page_id=584"},"modified":"2014-02-23T03:28:24","modified_gmt":"2014-02-23T03:28:24","slug":"adjustable-rates","status":"publish","type":"page","link":"https:\/\/mortgageoriginator.org\/traceykrol\/adjustable-rates\/","title":{"rendered":"Adjustable Rates"},"content":{"rendered":"<p>Adjustable Rate Mortgage (ARM)<br \/>\nLow Rates for an initial Fixed Term!<br \/>\nRates become adjustable after initial term!<br \/>\nGet a lower rate and a lower payment.<\/p>\n<p>The Adjustable Rate\u00a0option is possibly a good idea for anybody planning to move within 7 years.<\/p>\n<h3>What is an ARM?<\/h3>\n<p>A mortgage in which the rate of interest is adjusted based on a standard rate index. Most ARMs have caps on how much the interest rate may increase, after the fixed term. ARM Loan payments and rates can be fixed for a specific term, up to 10 years.<\/p>\n<p>Okay, now what does that mean in English\u2026<br \/>\nAn adjustable rate mortgage, does not apply the same interest rate toward monthly payments for the life of the loan. Throughout the life of that loan, the homebuyer&#8217;s principal and interest payment will adjust periodically based on fluctuations in the interest rate. The interest rate offered can be fixed for a period of 1 or 6 months, and 1, 2, 3, 5, 7, and 10 years.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adjustable Rate Mortgage (ARM) Low Rates for an initial Fixed Term! Rates become adjustable after initial term! Get a lower rate and a lower payment. The Adjustable Rate\u00a0option is possibly a good idea for anybody planning to move within 7 years. What is an ARM? A mortgage in which the rate of interest is adjusted &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/mortgageoriginator.org\/traceykrol\/adjustable-rates\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Adjustable Rates&#8221;<\/span><\/a><\/p>\n","protected":false},"author":3,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"open","ping_status":"open","template":"","meta":{"footnotes":""},"class_list":["post-584","page","type-page","status-publish","hentry","entry"],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/mortgageoriginator.org\/traceykrol\/wp-json\/wp\/v2\/pages\/584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mortgageoriginator.org\/traceykrol\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/mortgageoriginator.org\/traceykrol\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/mortgageoriginator.org\/traceykrol\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/mortgageoriginator.org\/traceykrol\/wp-json\/wp\/v2\/comments?post=584"}],"version-history":[{"count":0,"href":"https:\/\/mortgageoriginator.org\/traceykrol\/wp-json\/wp\/v2\/pages\/584\/revisions"}],"wp:attachment":[{"href":"https:\/\/mortgageoriginator.org\/traceykrol\/wp-json\/wp\/v2\/media?parent=584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}