Close

See current mortgage rates on Zillow Mortgage Marketplace

Profile picture for waltham21

Could someone explain the difference between the Rate and APR on an ARM and why it differs so much?

  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
January 22 2010 - Delhi
We think we've answered this question for you!
  • Be a Good Neighbor. Be respectful and on-topic. No spam or self-promotion! See our Good Neighbor Policy.
 
 

Answers (2)

Call Chris Corica. Look at "top lenders" --->>

He does great work.

Good Luck
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
January 22 2010
Because the APR is a description of what the loan costs can be over the life of the loan, and that includes the possibility that the rate could go up the maximum allowable amount.

If you would like to talk with me personally, [content removed by moderator]

Ray
[content removed by moderator]
  Flag content
Close
Report a Problem

Please enter a valid email address.

Close
Content flagged

We will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.

Close
We're Sorry
This service is temporarily unavailable. Please come back later and try again.
January 22 2010
 
Related Questions
Could someone explain the difference between the Rate and APR on an ARM and why it differs so much?
Profile picture for Doug Hutchins
Latest answer by Doug Hutchins
January 22 2010 | 2 answers
  • Asked by waltham21
  • In Mortgage
  • January 22 2010
Mortgage Rates
 
Be A Good Neighbor

Zillow Advice depends on each member to keep it a safe, fun, and positive place. If you see abuse, flag it. More on our Good Neighbor Policy.

Homes for Sale
  1. 219 Main St, Delhi, NY Home For Sale
    219 Main St, Delhi, NY 13753

     For Sale: $139,000

    • Beds: 5
    • Sqft: 1690
    • Baths: 3.0
    • Lot: 4791
  2. 21 Clinton St, Delhi, NY Home For Sale
    21 Clinton St, Delhi, NY 13753

     For Sale: $159,000

    • Beds: 4
    • Sqft: 1752
    • Baths: 2.0
    • Lot: 8276
  3. 26 Delaware Ave, Delhi, NY Home For Sale
    26 Delaware Ave, Delhi, NY 13753

     For Sale: $5,995

    • Beds: 0
    • Sqft: 1400
    • Baths: --
    • Lot: --