What's your margin? what's your 1st year reset CAP?
The 1 yr LIBOR index is 3.51% now, 3.89% one month ago. So if Margin is 2.25%, the reset rate should be around 5.75% to 6.125%.
If you old rate >= 4.125%, you will get the rates around 6%
回复:请问有没有最近ARM RESET的?RESET 后 rate 现在多少了?
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谢谢。我的Margin 正好是 2.25%。
-老术-
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10/27/2008 postreply
08:06:53
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it does not sounds a lot,
-hmo-
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10/27/2008 postreply
09:24:40
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Margin for the subprime loans are higher.
-CaLoanAgent-
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10/27/2008 postreply
11:04:23
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default not only because of arm reset, but also the house value
-4008-
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10/27/2008 postreply
19:41:52