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favor with you, the consumer. The spread in rate between ARM's and Fixed Rate Mortgages disappeared,
negating the value of a short term mortgage.
With the consistent lowering of the discount rate, the Federal Reserve has made ARM's and Balloons
attractive products again. If you are considering a move or have friends or family considering a move, take
a look at one of these programs:
The lower interest rates that ARM's and Balloons offer can:
* Allow you to maximize your purchasing power by qualifying for higher mortgage amounts
* Potentially save you thousands of dollars in interest over the length of the mortgage
Please feel free to call your Premiere Loan Officer for a detailed evaluation of which product is best for you.