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Caroline Gerardo, C. G. Barbeau the Loan Lady nmls 324982 (Licensed in 20 states)

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Rainmaker
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Wayne Martin
Wayne M Martin - Chicago, IL
Real Estate Broker - Retired

Manipulation in today's economic world, no way! Yes, all the time is a real answer, like many other things!

Nov 29, 2020 04:35 AM
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Kathleen Daniels, Probate & Trust Specialist
KD Realty - 408.972.1822 - San Jose, CA
Probate Real Estate Services

Hello Caroline Gerardo - thank you for this information.  

Nov 28, 2020 01:23 PM
Rainmaker
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Lyn Sims
Schaumburg, IL
Real Estate Broker Retired

You should be able to transfer that to AR now. 

Nov 28, 2020 11:38 AM
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Anna "Banana" Kruchten
HomeSmart Real Estate - Phoenix, AZ
602-380-4886

Very interesting Caroline.  LIBOR maniputlated. That somehow doesn't surprise me these days.

Nov 28, 2020 11:08 AM
Rainmaker
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John Pusa
Glendale, CA

Caroline Gerardo good information to know about SOFR Index.

Nov 28, 2020 10:26 AM
Rainmaker
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Roy Kelley
Retired - Gaithersburg, MD

I do not recall having to explain the adjustments.

Most of my clients have used fixed rate mortgages.

Nov 28, 2020 09:45 AM
Rainmaker
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John Juarez
The Medford Real Estate Team - Fremont, CA
ePRO, SRES, GRI, PMN

When I clicked on your link, Caroline Gerardo, it simply took me back to the Q&A and your question.

Nov 28, 2020 05:43 PM
Rainmaker
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Nina Hollander, Broker
Coldwell Banker Realty - Charlotte, NC
Your Greater Charlotte Realtor

Thanks, Caroline, for the information. At the end of the day, I have my clients speak with their lenders to really get the explanations right. I know enough about adjustable rate mortgages to know when might come into play and enough to be dangerous.

Nov 28, 2020 12:13 PM
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

You are a wealth of knowledge in this area, thanks for sharing.

Nov 29, 2020 07:49 PM