Fix That ARM Today!

Are You Hearing a Lot About Low Mortgage Rates?
June 8, 2016
FHA Mortgage Rates Are Dropping
June 14, 2016

Arm TattooWith mortgage rates at record lows there has never been a better time to refinance: use the lower rates to get lower payments every month on your mortgage. It’s the perfect time to lock in a low rate that may not get any lower any time soon. If you’re stuck in an Adjustable Rate Mortgage, this is the ideal time to refinance and lock in these low rates for the life of your loan.

Remember, your interest rate directly affects your monthly payment.  If you have an ARM, your payment is low now, but will rise when interest rates go up again.  You really need to lock in today and make sure that you are paying the lowest rate.  FHA Loans and HARP Loans are designed to help you with this!

You can also lock in your low rate by taking cash out of your home to complete projects, pay off high-interest credit cards, or whatever you want with a cash out refinance!

The advantage of a fixed-rate mortgage over an ARM is clear at times like this. A fixed-rate gives you the same payment every month from the time you close until the time you finish making your payments. An ARM starts at a set interest rate, but will change to reflect what the market is doing. It’s not always to your advantage, though.

With a fixed rate loan you have the stability and security of knowing what your rate and monthly payments will be for the next 15 to 30 years. Now you can budget and save, without having to worry about your rate resetting and interest rates climbing.

If you’re ready to turn your ARM into a fixed, lower your rate, and save thousands on your mortgage, call The Home Loan Expert, Ryan Kelley today.

Get Started

Take advantage of lower mortgage rates to buy your first home. Call us in St. Louis at (314) 781-9700, Chicago at (773) 770-6438, Indianapolis at (317) 550-1515 and Nashville at (615) 810-8555.  

You can always apply online at, and we’re also open on Saturdays to better serve you. Nobody gets lower rates on better loans than The Home Loan Expert, Ryan Kelley, why go anywhere else?