Bend / Central Oregon News, Sports, Business, Weather, Entertainment, Classifieds and Local & State Headlines | The Bulletin

Use Advanced Search to filter by date and category. *keyword is required in search field.
start date (MM-DD-YYYY):
 -  - 
end date (MM-DD-YYYY):
 -  - 
category:
Archive Home > 2005 > November > 25 > Time's up for low fixed-rate period from 2002 ARMs

Time's up for low fixed-rate period from 2002 ARMs

By Chuck Chiang / The Bulletin
November 25, 2005

Central Oregon homeowners with adjustable-rate mortgages (or ARMs) may be in for an unpleasant surprise when their fixed-rate period is up.

According to local mortgage brokers, homeowners may see a substantial jump in their monthly payments once the plan adjusts to current interest rates. Some....

Read complete article

Published daily in Bend, Oregon, by Western Communications, Inc. Copyright 2007.