Skip to main content

When an adustable-rate mortgage makes sense - The Term Sheet: Fortune's deals blog Term Sheet

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

Comments

Post a Comment

Please no profanity or political comments.

Popular posts from this blog

New York Stock Exchange building venue for 24/7 tokenized stock and ETF exchange

The New York Stock Exchange (NYSE), via its owner   Intercontinental Exchange (ICE) , is building a new digital trading venue for 24/7 trading of tokenized stocks and ETFs, using blockchain and stablecoin-based funding for instant settlement, aiming to modernize markets by running parallel to the traditional exchange. This platform will support native digital securities and traditional shares as tokens, allowing for continuous liquidity and integrating digital assets into mainstream finance, with plans to launch later in 2026 after regulatory approval.   Key Features of the New NYSE Platform: 24/7 Trading:  Operates continuously, unlike the traditional exchange's weekday hours. Instant Settlement:  Transactions settle immediately, moving away from the current T+1 (trade date plus one day) model. Stablecoin-Based Funding :  Uses stablecoins (digital tokens pegged to fiat currency like the USD) for funding and collateral, streamlining processes outside banking hou...
Post a Comment
Read Complete Article HERE>»

NCUA Issues 2026 Supervisory Priorities Letter to Credit Unions

Alexandria, VA (January 14, 2026)  ― The National Credit Union Administration (NCUA) today announced its 2026 Supervisory Priorities, which continue the agency’s policy of “No Regulation by Enforcement,” while prioritizing safety and soundness. This policy underscores NCUA’s commitment to providing clarity and transparency in its oversight. The letter outlines NCUA’s priorities for the year and provides information to help credit unions prepare for examinations. This year, the agency will continue to focus on risk-based supervision, tailoring the examination scope to the credit union’s unique risk profile. Key Highlights of the 2026 Supervisory Priorities: Risk-Focused Examinations:  Examiners will concentrate on areas posing the greatest risk to credit union members, the credit union system, and the Share Insurance Fund. Balance Sheet Management and Lending:  With loan performance at its weakest point in over a decade, examiners will review credit risk management practic...
Post a Comment
Read Complete Article HERE>»

Syracuse Fire Department Credit Union

 Congrats, Tonia, on your promotion! ================================================= Remember, you're not alone with  NCOFCU.org Join/Upgrade Check out some of NCOFCU's additional features: First Responder Credit Union Academy Financial Literacy Podcasts YouTube Mini's Blog Job Board
Post a Comment
Read Complete Article HERE>»

Products and Services That Work

We are only a few weeks away form San Diego Don’t miss these sessions with real takeaway ideas! 6 of our credit union CEO’s will discuss products and services that worked for them!
Post a Comment
Read Complete Article HERE>»

Mobile Bill Pay Demand Is the Future

Imagine paying your house payment while riding in a double decker bus in London or making your Visa payment while waiting for a plane. According to the Javelin report, after a pause in 2010, mobile banking adoption surged by 63% in 2011, rising to 57 million from 35 million in the United States. That’s a meteoric increase of 22 million consumers in one year. Over the next five years, mobile banking is projected to increase at a steady compound annual growth rate of 10.3% as financial institutions roll out new offerings, the data showed.   **** READ MORE: Mobile Bill Pay Demand Is the Future :
Post a Comment
Read Complete Article HERE>»

Moving to a Credit Union Doesn’t Mean Giving Up Rewards Credit Cards

Moving to a Credit Union Doesn’t Mean Giving Up Rewards Credit Cards : "We’ve received a couple questions at NerdWallet about credit unions and rewards credit cards. Generally, the perception is that while credit unions are great for low interest rates and fees, the major banks have the profit margins to spend on a great rewards program. But now, " 'via Blog this'
Post a Comment
Read Complete Article HERE>»

The Fed offered additional insights into its decision to make no changes to rates.

WASHINGTON–The Fed has released minutes from its March meeting, offering additional insights into its decision to make no changes to rates. As CUToday.info reported earlier, the Fed opted not to change rates at its March meeting and is now indicating it’s unlikely to change rates at all during 2019 and perhaps won’t move again until 2021. President Trump has been pushing the Fed to lower rates to encourage greater growth. Minutes released by the Federal Open Market Committee (FOMC) show the FOMC found the labor market remains strong but that “growth of economic activity has slowed from its solid rate in the fourth quarter.” The FOMC further found payroll employment was little changed in February, but job gains have been solid, on average, in recent months, and the unemployment rate has remained low. “Recent indicators point to slower growth of household spending and business fixed investment in the first quarter,” the Fed said in a statement. “In a...
Post a Comment
Read Complete Article HERE>»

Are You Making The Correct Advances On Each Auto Loan?

Are You Making The Correct Advances On Each Auto Loan?: Once upon a time, auto financing was easy. With the right approach and the right information, it can be again....[ Read Article ]
Post a Comment
Read Complete Article HERE>»