Don't Forget To Request A Quick Status Report On Any Homes Or Properties That Interest You! It can take days, weeks, or longer for changes to appear on web sites. Don't waste your time with less than current information. Request our free Status Report and find out if the homes you are interested in are still on the market, under contract, in escrow, or if the price has been reduced. The Status Report that you'll receive by email will also include other important information that has been left out or that is available to us through our professional resources, such as how long the property has been on the market, when it was last sold, what it sold for, and more. Remember: As top Peoria, Dunlap and Germantown Hills area real estate agents, it's our job to know more about a property than any web site. Make sure you have the most current information! 
Financing Your Home >More On ARMs
Lenders are always looking for new ways to help buyers get into the home of their dreams. Today they frequently use adjustable rate mortgages (ARMs) to increase the buyer's options. The interest rate on an ARM changes periodically to reflect changes in the national market. Since the loan starts at a rate that is lower than the national average, lenders can reduce the borrower's qualifying criteria.
One way to distinguish between different ARMs is by the national index to which they are tied. Some ARMs are tied to a slow-moving index called the cost-of-funds index; these are usually the most desirable. ARMs that are tied to a more volatile index, such as Treasury Notes, can be adjusted upward at a quicker rate. Look at all the factors before choosing a loan. The faster index loan may start out with lower rates and lower monthly payments, but the slower index ARM may eliminate your concern about having to re-finance down the road.
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What bizarre post-midnight pageant celebrated the great transformation in Manhattan architecture during the 1920s?
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Beaux-Arts Architects' Ball (January 23, 1931) at the Hotel Astor commemorated the end of the first skyscraper age. |
 See More Real Estate Trivia > |
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Christine Schauble and the Schauble Team
Keller Williams Premier Realty
2426 W Cornerstone Court
Peoria, IL 61614
Phone 1: 309-693-SOLD (7653)
Phone 2: 309-208-9900
Fax: 309-282-0202
christine@christineschauble.com
My goal, as your full service real estate specialist in the Peoria, Woodford, and Tazewell counties, is providing you with superior service at all times. My local expertise and extensive real estate experience will benefit you greatly when you’re buying or selling a home. Having lived in and around Peoria all of my life, I know Central Illinois has a lot to offer. I consider this community an excellent place to reside, and I would love to share with you my enthusiasm for the many neighborhoods that encompass it. Priding myself on unparalleled service, I look forward to developing a long-term relationship with you. Contact me today to discuss how I can best assist you with your real estate needs.    
 
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