SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : The Residential Real Estate Crash Index
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: DebtBomb who wrote (89775)9/18/2007 11:01:00 PM
From: posthumousoneRead Replies (1) of 306849
 
I recently sold my house...i had a 5 year arm....i looked closer at the loan.
4% initial for 5 year
2% increase TACKED onto the current LIBOR rate starting in 2009.
Capped at 9% (i am now assuming this is for the first year reset)2% low end cap.
Changes once a year.

So what is the CURRENT LIBOR rate?
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News