San Mateo, Half Moon Bay, El Granada and Moss Beach real estate and homes for sale in California - Kay Burns, REALTOR® REALTOR® Logo
San Mateo, Half Moon Bay, El Granada and Moss Beach real estate listings, home buying, selling and homes for sale in California - NUMBER1EXPERT(tm)
Contact Information
Email Kay Burns
Login
Go To Sitemap
Kay Burns

Feature Properties
Search All Local Listings
Contact Me

All agents are NOT alike! Find out why I am a top real estate expert. Call me: 650-996-5217.
Special Offers
Find Out About the Latest Homes for Sale First!
I add my newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS.
Find Out More >
View All Offers >

Testimonials
Caring Assistance
“Before we knew it, we had found a dream house at a bargain and had moved in before Christmas!”
Georgia Ysselstein
Read Quote >
View All Quotes >



Latest Listings
Get the Latest Listings Before Anyone Else!
As soon as I list another home for sale, I'll email you. You'll know first.
Name:
Email:
Affiliates
Coming Soon
Find Out More >

Latest News
Get the Latest Real Estate News, Hot Off the Presses!
If you are buying or selling a home, you need my eNewsletter.
Name:
Email:
Special Offers
Welcome > Resources > Special Offers > Special Offers ...

Special Offers From Me To You! 

Just for you, I've assembled some Special Offers. Choose one or all! 

Buyers Want Your Home for as Little as Possible.
Are you thinking of selling your home? You should know exactly what it's worth before making such an important decision.
Read Complete Offer >

Find Out About the Latest Homes for Sale First!
I add my newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS.
Read Complete Offer >

Get Free Presentation On My Home Marketing.
Before signing a contract with any REALTOR®, make sure you know EXACTLY how your home will be marketed.
Read Complete Offer >

Request My Free Relocation Package!
Moving your family to another town or state is a major event in your life! I have helped many families and individuals relocate!
Read Complete Offer >

Sign Up For My eNewsletter, FREE!
There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU.
Read Complete Offer >




Real Estate Tips
Financing Your Home >ARMs

Here is a tip for those who are shopping for Adjustable Rate Mortgages (ARMs): the "margin" is almost as important as the initial rate. The margin is the percentage point above the average yields for Treasury notes on which future rate adjustments will be calculated.

Let's compare two hypothetical one-year ARMs. The first may have an initial interest rate of 7% with a 2.5 margin, while the second begins at 6 7/8% with a 2.75 margin. Both loans have rate caps of 2%. Suppose that at the end of the first year of the loan, the average of the one-year Treasury note yield has been 5 1/2%. For each loan, the lenders will add the margin to that 5 1/2% average yield. Thus the interest rate for first loan would increase from 7% to 8%, and the second would go from 6 7/8% to 8 1/4%. While the first ARM had a slightly higher initial rate, it will have lower rates in subsequent years, unless the Treasury note rates increase enough to activate the annual caps on the amount of the increase. There is a wide variance among margins in ARMs offered by competing lenders, and this should be a factor when you decide on your loan.

See All Tips In The "Financing Your Home" Category >
See Complete Library Of Hundreds Of Tips In 30+ Categories >

Real Estate Trivia
Q 
What is considered one of the slimmest buildings ever designed?

A 
The Carnegie Hall Tower, designed by Cesar Pelli, is only 50 feet wide and 60 stories high.
See More Real Estate Trivia >


Print This Page Send To A Friend


Kay Burns, REALTOR®, real estate agent and broker for San Mateo, Half Moon Bay, El Granada and Moss Beach, California home listings, property and land for sale

Kay Burns
Dolphin Real Estate

1700 S. El Camino Real, Suite 200
San Mateo, CA, 94019
650-996-5217
Cell: 650-996-5217
650-712-7915
Fax: 650 638-1634
Email: kay@kayburns.com

Kay Burns has been an active licensed Real Estate Agent since 1989, specializing in San Mateo County properties on the Coastside. She has worked with The Prudential Cypress Coast, RE/MAX Independence, RE/MAX Arrow and currently serves RE/MAX Dolphin Real Estate.

CRS Equal Housing GRI MLS REALTOR


www.kayburns.com is brought to you by Kay Burns, real estate for
San Mateo, Half Moon Bay, El Granada and Moss Beach, California

Read Kay Burns' Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge




USA and Canada Real Estate
© Homes Media Solutions™, a division of Dominion Enterprises and/or its clients.
All rights reserved. All information deemed reliable but not guaranteed.

www.kayburns.com is brought to you by Kay Burns