Rate Spread on ARMs

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#901790 - 02/07/08 09:36 PM Rate Spread on ARMs
complyorelse Gold Star Joined: Nov 2007 Posts: 448 U.S.	When calculating the rate spread on an ARM, do you use the shorter adjustable rate term (ie 3/5/7 yr.) or the full term (ie 30 yrs.)?
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#901795 - 02/07/08 09:39 PM Re: Rate Spread on ARMs complyorelse
Dan Persfull 10K Club Joined: Aug 2002 Posts: 47,533 Bloomington, IN	You base it on the maturity date. _________________________ The opinions expressed are mine and they are not to be taken as legal advice.
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