FORTUNE -- During the housing meltdown, adjustable-rate mortgages were vilified as a hallmark of irresponsible borrowing. Recently, though, they've been making a comeback, especially among affluent borrowers. This summer, for instance, Facebook (FB) CEO Mark Zuckerberg reportedly financed his home using an ARM with a rate of just 1.05%. Most borrowers can't snag a rate remotely close to that. But many would still do well to consider an ARM right now ----------When an adustable-rate mortgage makes sense - The Term Sheet: Fortune's deals blog Term Sheet
The Bucket Coach is a financial advice book designed by Fire Services Credit Union, Tronto, Canada. and written exclusively for Fire Fighters It's a practical guide for household financial management, including investments, credit and mortgages, and retirement. Developed with contributions from Fire Fighters," NCOFCU Newsletter : " Kevin Connolly Chief Executive Officer Fire Services Credit Union Phone: 416-440-1294 ext 301 Toll Free: 1-866-833-3285 E-mail: kevin@firecreditunion.ca 1997 Avenue Rd Toronto, ON M5M 4A3
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