Posted on: 07th May, 2008 06:16 am
So, are margins only applied to ARM products? Or are there margins for all mortgage products?
margins are specific to adjustable rates.
Welcome SBJK,
Gmakerley is absolutely right. Margin is only applicable to ARM. There is a good discussion on another forum thread which explains Margin thoroughly. So please have a look at http://www.mortgagefit.com/margin.html
Hope that will help you understand "Margin" better.
Let me know if you have any further questions.
Gmakerley is absolutely right. Margin is only applicable to ARM. There is a good discussion on another forum thread which explains Margin thoroughly. So please have a look at http://www.mortgagefit.com/margin.html
Hope that will help you understand "Margin" better.
Let me know if you have any further questions.
