MY COLLEAGUE thought our discussion about where to locate the causes of the financial crisis had left the issue of inequality behind. I didn't really think it had. I may have misunderstood what he was arguing, both in his initial post and in his reading of Raguram Rajan, but this is the thrust of the...
FHA 5 Year Treasury Arm
FHA 5 year treasury arm
If you are looking for the lowest payment possible for the next 64 months than this program can accomplish that.
With rates at 100 basis points lower than a traditional 30 year fixed this program is an attractive option for new home owners or those looking for relief from higher payments.
FHA 5 Year treasury highlights
- Payments don't adjust until 64 months have passed
- Take advantage of the lower rate to pay down your principal
- Reduce the cost of home ownership