Mortgage Loans In Houston

Listed Below Are Mortgage Rates Of The Past
Mortgage Rates in the 1980′s

In the 1980′s interest rates were around 18%
Mortgage Rates in the 1990′s

In the 1990′s interest rates were around 10%
Mortgage Rates in the year 2000

In the year 2000 interest rates were around 8.5%
Mortgage Rates in the year 2010

In the year 2010 interest rates were around 6%
Mortgage Rates Today

Today interest rates ar...

What is an Adjustable Rate Mortgage (ARM)?

An adjustable rate mortgage, called an ARM for short, is a mortgage with an interest rate that is linked to an economic index. The interest rate, and your payments, are periodically adjusted up or down as the index changes.
What is a 5/1 Adjustable Rate Mortgage?

A 5 year Adjustable Rate Mortgage is a loan with a fixed rate for the first 5 years. The rate changes once a year for the remaining life of the loan as the incr...