If you’re like many people financing a home in Aspen, there’s a chance you’re a bit overwhelmed with all your financing choices – and that’s okay. There are dozens of loan products to choose from, but most mortgages come in two main types: adjustable-rate (ARM) and fixed-rate. So should you choose an ARM or a […]
What is an Adjustable-Rate Mortgage?
Navigating the world of lending—particularly home lending—is tough (and it’s often confusing, too). Nonetheless, if you’re like most people, you’ll have to take out a mortgage loan to pay for your new home in Aspen, Basalt, Carbondale or the surrounding communities. And that means you’ll hear all kinds of financing lingo; you may even be […]