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July 26th, 2006

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July 26th, 2006

Shea Homes Offering 3.99% Fixed Financing*- Screaming Deal or Mortgage Trap?

My apologies for all the numbers today.  If you have an ARM (Adjustible Rate Mortgage), or are thinking about using an ARM, hang with me here.  If you don’t do the math now, you could end up in bad financial shape later.

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In the Saturday Arizona Republic, Shea Homes had a two page ad in the Home section.  With the numbers a bold 3 1/2" tall, the ad proclaimed, 3.99% 5-Year Fixed Financing.*

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