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Strategies & Market Trends : Action & Options- Taxikid plays

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To: Allan F who wrote (4004)	3/27/1998 6:20:00 PM
From: BamaReb	Read Replies (1) of 4339

Allan, The fixed is the way to go. Even with you planning to have it paid in 12-15 years, an ARM is likely gonna be more expensive. We have enjoyed low rates for almost 10 years now, but IMO we have seen bottom. The only clients that I have that I put into an ARM are the ones that want more house than they can qualify for or KNOW for a fact that they won't be in the house for more than 5 years. Fixed rates in the high 8's to low 9's are not that far off IMO. A 30 year 7.5% with no points is a nice loan. Go with it. BamaReb biz.yahoo.com getsmartinc.com

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