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Hutchinson, KS News

Hutchinson News
Local news for Hutchinson, KS continually updated from thousands of sources on the web.
  • Armenian Bar, Trayvon Details, Virginia, Mary Kennedy

    Underwear designer Andrew Christian has a potentially NSFW video to sell his wares, though I guarantee you'll be looking at more than just undies.

  • New Charges Against Hutchinson Homicide Suspect

    A judge on Tuesday granted a request by the Reno County district attorney to file a new charge of aggravated intimidation against Charles Christopher Logsdon.

  • New charges against Hutchinson homicide suspect

    HUTCHINSON, Kan. - Prosecutors have added another charge against a 32-year-old man accused of killing a Hutchinson woman in June 2011.

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    Inappropriate comments include those which: * are libelous or defamatory * are obscene, pornographic or sexually explicit; substituting characters for letters is not acceptable * degrade others on basis of race, gender, class, ethnicity, national origin, religion, sexual orientation, disability or other classification * are predatory, hateful or ... (more)

  • Taft-signed bill raises pensions for US soldiers

    Inappropriate comments include those which: * are libelous or defamatory * are obscene, pornographic or sexually explicit; substituting characters for letters is not acceptable * degrade others on basis of race, gender, class, ethnicity, national origin, religion, sexual orientation, disability or other classification * are predatory, hateful or ... (more)

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Hutchinson Real Estate
Office: 800-339-8841
Cell: 800-339-8841
how adjustable-rate loans change PDF Print E-mail

How do adjustable-rate loans change?

Adjustable-rate mortgages go up and down with interest rates, based on several esoteric money market indexes which cause the cost of funds for lenders to vary. Several popular indexes include Treasury Securities, Cost of Funds, Certificates of Deposit, and Libor (London inter-bank offering rate). Most big city newspapers publish ARM index rates.
The interest rate and payment adjustments do not always coincide. There is usually a lag. There are a variety of consumer protections built into these loans. But consumers need to beware of advertising and other claims made by lenders.
Resources: * For more information, consult the "Consumer Handbook on Adjustable-Rate Mortgages," available from the Federal Reserve Bank of San Francisco Public Information Department, P.O. Box 7702, San Francisco, CA 92120; (415) 974-2163.



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Last Updated ( Tuesday, 29 July 2008 )
 
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