LIBOR-indexed ARMs | Marimark Mortgage in Tampa, Florida

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If you’re in an Adjustable Rate Mortgage (ARM), now’s the time to look at refinancing into a different type of loan to save money. About half of all ARMs in the U.S. are tied to the LIBOR index and there’s a strong chance that libor-indexed interest rates will continue to increase. Read More

WASHINGTON, D.C. (June 6, 2019) – With the discontinuation of the london interbank offered rate (libor) likely on the horizon, the Mortgage Bankers Association (MBA) released today a disclosure template for residential mortgage lenders to share with consumers interested in applying for an adjustable-rate mortgage (ARM).

7 days ago · With the nearing end of the LIBOR benchmark, the FCA’s CEO, Andrew Bailey, had some comments to make on the development. Back in April, the US Federal Reserve Bank of New York started to publish the Secured Overnight Funding Rate.

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An adjustable rate mortgage is based upon a financial index, a margin and. a common index, such as Libor (The London Interbank Offered Rate) or the US. are dropping and there is no better time to buy or refinance in Tampa Florida than .

The Marimark Mortgage Newsletter will keep you informed with important events in the mortgage industry that could impact your finances.. We especially focus on ways to save money on your current and future mortgages. And, we continually share the information we share with our clients, because we believe informed consumers are the best consumers.

From applying for a home loan to refinancing your home, trust our friendly home loan team to provide you with the best mortgage and closing process in Florida & Minnesota.

Marimark Mortgage is a licensed Tampa, Florida mortgage lender/broker offering loans in Florida, Virginia and Pennsylvania. Whether you are buying a new home or refinancing, we have loan options that best fit your needs. We also use all the latest technologies to ensure a.