|
All agents are NOT alike! Find out why I am a top real estate expert. Call me: 336-516-1237.
|
Sign Up For My eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
Find Out More >
View All Offers >
|
 Compare
three mortgages at one time. Download TripleCalc now. It's
free. |
|
|
|
For Home Buyers:
Why Buyers Choose Kathy King - Why homebuyers looking for a real estate agent in the Greensboro, Burlington, Raleigh and Chapel Hill area choose Kathy King. Buyer Agency - Click here for more information... Daily Homefinder - Get Kathy King latest Greensboro, Burlington, Raleigh and Chapel Hill listings of homes for sale first! Find Your Perfect Home - Kathy King will search for your ideal home and email you the newest Greensboro, Burlington, Raleigh and Chapel Hill MLS listings of properties in Alamance, Guilford, Orange County NC. Homebuyer’s Starter Kit - Are you a first time homebuyer in Greensboro, Burlington, Raleigh and Chapel Hill, NC? Choose a top real estate agent. Kathy King can guide your home buying search. Mortgage Prequalification - Pre-qualify for a mortgage or loan for your Greensboro, Burlington, Raleigh and Chapel Hill house or other real estate or property. "Investments – Big & Small - Click here for more information... Go to Main Sitemap - Main sitemap sections include Find Greensboro, Burlington, Raleigh and Chapel Hill Homes, For Home Buyers, For Home Sellers, Greensboro, Burlington, Raleigh and Chapel Hill Information, Real Estate Resources, and About Kathy King. Working With NC Real Estate Agents - Click here for more information... 
Please Sign Up For The Latest Listings and the Latest Real Estate News
Financing Your Home >Hybrids Offer Low Rates In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.
Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.
Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.
|
NUMBER1EXPERT®
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.
|
- NUMBER1EXPERT™ 
