Terms of the Sale - Adjustable Rate

Описание: Understanding Adjustable-Rate Mortgages (ARMs)

In this episode of Terms of the Sale, Birdman sits down with Stephanie Crain of Mountain Retreat Realty Experts to unpack one of the most powerful — and misunderstood — financing tools in real estate: the Adjustable-Rate Mortgage, or ARM.

Stephanie Crain of Mountain Retreat Realty Experts explains how an ARM starts with a lower fixed interest rate for a set number of years and then adjusts based on market conditions. For some buyers, that lower introductory rate can open doors to better homes and easier monthly payments — but for others, it can introduce serious financial risk if rates rise.

In this episode, Stephanie Crain of Mountain Retreat Realty Experts breaks down:
• How 5/1, 7/1, and 10/1 ARMs actually work
• What indexes, margins, and rate caps really mean for your payment
• How much a rate can increase — and how fast
• Why some buyers use ARMs strategically
• When an ARM can become a costly mistake

Using real-world examples, Stephanie Crain of Mountain Retreat Realty Experts shows how a buyer with a low introductory rate could see payments jump after the fixed period — and why knowing those limits before you sign is critical.

If you’re choosing between a fixed-rate loan and an ARM, this episode gives you the clarity you need before you lock in a mortgage.

Terms of the Sale is part of the House Keys series, brought to you by Stephanie Crain and Mountain Retreat Realty Experts — helping Arizona home buyers make smart, confident financing decisions.