They should calculate what their rate would be if adjusted in today's market and compare that with today's fixed-rate market and assess their personalsituation. Do they have adequate funds to reduce or pay off their mortgage at the end of the adjustment period?
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This quote is just one of 4 total Gary Akright quotes in our collection. Gary Akright is known for saying 'They should calculate what their rate would be if adjusted in today's market and compare that with today's fixed-rate market and assess their personal situation. Do they have adequate funds to reduce or pay off their mortgage at the end of the adjustment period?' as well as some of the following quotes.
You need to factor in the (interest-rate) differential, as well as the costs of refinancing.
They should calculate what their rate would be if adjusted in today's market and compare that with today's fixed-rate market and assess their personal situation. Do they have adequate funds to reduce or pay off their mortgage at the end of the adjustment period?
This quote is just one of 4 total Gary Akright quotes in our collection. Gary Akright is known for saying 'They should calculate what their rate would be if adjusted in today's market and compare that with today's fixed-rate market and assess their personal situation. Do they have adequate funds to reduce or pay off their mortgage at the end of the adjustment period?' as well as some of the following quotes.