The Krushinsky Team Mortgage

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  • Why the Brexit Means Low Interest Rates for You
    Posted Friday June 24, 2016 in News

    Yesterday, British voters voted to leave the European Union in search of more economic independence. Although Great Britain is across the pond, this decision has an effect on the US mortgage market. As of today, the Brexit is actually keeping interest rates low. In fact, according to the Washington Post, the Federal Reserve feared that… Read more »

  • How a Rate Cap Affects Your Adjustable Mortgage
    Posted Wednesday June 22, 2016 in Adjustable Rate Mortgage

    Economic experts are still talking about a future rise in interest rates. If you have an adjustable rate mortgage (ARM), you could be at risk of rising payments if there is no cap on your loan over time. For example, if the index, which is used to calculate the interest rate on an adjustable-rate mortgage,… Read more »

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