• Dkarma
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    1 year ago

    Why anyone would ever do an arm is beyond me.

    • StereoTrespasser
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      1 year ago

      Because your realtor and your lender–professional salespeople who stand to make much profit off you–make it sound like a really good idea. Unfortunately, people don’t do a lot of their own research and instead think that their chatty, bubbly realtor is their friend that gives good advice.

      • Potatos_are_not_friends
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        1 year ago

        Yep! I argued the math with a realtor who continued to regurgitate the same bullets over and over again.

        I honestly see realtors are car salesmen for houses.

      • Dkarma
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        1 year ago

        You can fool some of the ppl all of the time I guess.

    • yedfixy
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      1 year ago

      If I’m going to pay off the loan before the adjustable rate either way, I might as well get the plan with the lowest rate.