Irish Hills Area, Brooklyn, Onsted and Manitou Beach real estate and homes for sale in Michigan - Mark Riggle, REALTOR® Mark Riggle REALTOR(r) for Irish Hills Area, Brooklyn, Onsted and Manitou Beach, Michigan real estate - NUMBER1EXPERT™ Mark Riggle NUMBER1EXPERT(tm) for Irish Hills Area, Brooklyn, Onsted and Manitou Beach, Michigan real estate
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Mark Riggle, REALTORŪ, real estate agent and broker for Irish Hills Area, Brooklyn, Onsted and Manitou Beach Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)



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Financing Your Home >More On ARMs

Lenders are always looking for new ways to help buyers get into the home of their dreams. Today they frequently use adjustable rate mortgages (ARMs) to increase the buyer's options. The interest rate on an ARM changes periodically to reflect changes in the national market. Since the loan starts at a rate that is lower than the national average, lenders can reduce the borrower's qualifying criteria.

One way to distinguish between different ARMs is by the national index to which they are tied. Some ARMs are tied to a slow-moving index called the cost-of-funds index; these are usually the most desirable. ARMs that are tied to a more volatile index, such as Treasury Notes, can be adjusted upward at a quicker rate. Look at all the factors before choosing a loan. The faster index loan may start out with lower rates and lower monthly payments, but the slower index ARM may eliminate your concern about having to re-finance down the road.

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Real Estate Trivia
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What Newport, Rhode Island mansion was built as a birthday present and incorporates 500,000 cubic feet of white marble?

A 
The Vanderbilt Marble House was constructed by railroad baron William K. Vanderbilt for his wife Alva, who later divorced him, remarried and moved into a mansion down the street.
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Mark Riggle, REALTORŪ, real estate agent and broker for Irish Hills Area, Brooklyn, Onsted and Manitou Beach Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

Mark Riggle
RE/MAX Irish Hills

14589 W. US 223
Manitou Beach, MI. 49253
(517) 467-3003
(517) 206-4474
Fax: (517) 467-3006
Email: MarkRiggle@NUMBER1EXPERT.com

I have lived in Southeast Michigan and Northwest Ohio all my life. I have been a licensed REALTOR since 1978 and have worked in the industry full time since 1995. The areas surrounding the Irish Hills are among the most beautiful anywhere, and my love for the lakes and farms is best illustrated through my business. I have been the number one agent in my company since 1996, and am the top agent in lakefront sales in both Jackson and Lenawee Counties.* I am involved with my clients personally and am always thrilled to be part of the realization of their dreams. My dream is to help people and I believe that dreams are chain reactions, so I put my success to work in my community. With every one of my transactions, I support Children's Miracle Network in Southern Michigan. This year I also worked to raise money for the Komen Race for the Cure to help fund breast cancer research. Additionally, I work with my church to raise money for our sister church in Uganda, Africa. I look forward to doing business with you - and for you.

Equal Housing MLS REALTOR


RE/MAX Irish Hills real estate and homes for sale in Irish Hills Area, Brooklyn, Onsted and Manitou Beach Michigan

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