this post was submitted on 01 Oct 2023
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Why anyone would ever do an arm is beyond me.
Because your realtor and your lender--professional salespeople who stand to make much profit off you--make it sound like a really good idea. Unfortunately, people don't do a lot of their own research and instead think that their chatty, bubbly realtor is their friend that gives good advice.
Yep! I argued the math with a realtor who continued to regurgitate the same bullets over and over again.
I honestly see realtors are car salesmen for houses.
You can fool some of the ppl all of the time I guess.
If I’m going to pay off the loan before the adjustable rate either way, I might as well get the plan with the lowest rate.