We have the ability to provide customers 50% of the mortgage in a 5 year ARM (variable) and the remaining 50% in a five year fixed. The weighted average interest rate works out to be 3.58% for five years. So, our customers benefit from the low interest rate savings of the ARM as well as the security of the fixed rate. But they minimize the downside risk to choosing one option over the other. It’s like diversifying your investment portfolio. DIVERSIFY YOUR MORTGAGE!
Krista Lawless
courtesy of Merix Financial
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