If you purchased a home over the past couple of years, you might be feeling the sting of high interest rates. At one point in late 2023, the average 30-year fixed mortgage rate peaked at 7.8% — the highest we’ve seen in decades.
But here’s the good news: you may not have to stay stuck in that rate.
I’m currently offering a Portfolio Adjustable-Rate Mortgage (ARM) loan with an initial interest rate of just 5.99%, fixed for the first 7 years on a 7/6 ARM — or 5 years on a 5/6 ARM.
👉 APR for this example: 6.884%
This loan is a strong option for refinancing — especially if:
- You bought your home when rates were sky-high
- You’re planning to sell, refinance again, or pay off your home before that fixed period ends
- You want to reduce your monthly payment and gain more financial flexibility
But wait — aren’t ARM loans risky?
That’s a common myth. Today’s ARMs come with built-in caps that limit how much your rate can adjust after the fixed period. And just like any other loan, you can refinance at any time if rates drop again.
It’s not about taking on risk — it’s about using the right tool for your situation.
Want to explore your options?
Let’s talk about whether this ARM program might be a good fit for you — whether you’re refinancing or buying. I’ll help you make a smart, informed decision based on your goals.
📲 Reach out today to schedule a free consultation.
Disclosures:
Sample APR based on a $300,000 loan amount, 20% down, 30-year term, no points, and excellent credit. Terms and availability subject to change. Not all applicants will qualify. After the initial fixed period, the rate may adjust every 6 months based on a market index plus margin. Lifetime and periodic caps apply. Equal Housing Lender. NMLS #2121953