10yr ARM Index Comparison

In light of the subprime market shake up and everyone on the news speaking about where the market is going I thought it would be nice to share a picture of where the ARM indexes have been over the last 10 years. I hope this helps you see how the trend line has been shaping up and why rates have been remaining stable for the past 12 months. As you can see we are at a point of resistance right now where we are back at levels similar to 1997 through 2000.
As always if you have any questions about your current mortgage situation or general questions please feel free to call me anytime at 425-289-4602 or visit our companies website at http://www.gofirstrate.com/!
Best Regards,
Ryan Baumgartner
Managing Partner
First Rate Financial LLC
www.gofirstrate.com