Are you ready to Stop High Interest?
Welcome to STOPHIGHINTEREST.com. This site offers an innovative solution to control interest rate risk for adjustable rate mortgage holders by minimizing the impact of LIBOR on variable interest rate mortgages. LIBOR stands for London InterBank Offered Rate, and is likely the most used index for determining mortgage interest rates on adjustable rate mortgages. Changes in the LIBOR commonly change adjustable rate mortgages, known as ARM’s, as interest rates reset to the new current interest rate. There are millions of homeowners with adjustable rate mortgages desperately looking for any way to help them stay in their homes. The anticipated interest rate increases in the near future will likely cause countless homeowners to lose their homes in these extremely difficult times. As the bank interest rates rise, so do the homeowners’ payments. If the homeowner fails to protect against interest rate risk, the home mortgage payment can increase to the point where it is no longer affordable. A reasonable homeowner wants to enjoy a low interest rate, not the devastating interest rate increases. We offer a self-taught and easy-to-learn system that can help fight rising interest rates, and give hope to homeowners so they may be able to keep their homes.
Many homeowners were offered adjustable rate mortgages and interest only mortgages to initially be able to afford their new home. Adjustable rate mortgages and interest only mortgages have the advantage of locking in lower monthly payments during the introductory fixed rate period compared to fixed rate mortgages, but there will soon be a day when the new adjusted rate and payment is much higher due to increasing changes in LIBOR, the prime interest rate, Constant Maturity Treasuries (CMT) and other adjustable rate mortgage indexes. When that day arrives, the rates reset, and the monthly payment may be unaffordable, resulting in a foreclosure. Those using a 5/1 ARM, a 3/1 ARM, or any other adjustable rate mortgage must be aware of the index, the margin, the rate caps and any other terms and conditions contained within the mortgage. Sadly, that is not always the case. How does one prepare for changes in the monthly payment, when there are those who do not even know what caused the changes? Homeowners must know what causes the payment changes and take appropriate action to control interest rate risk, and subsequently financial risks. Do not sit idly by and merely wait for a letter from the bank telling you what your new payment is; and worse, conceding to your family that you are not able to make that payment, and admitting the family must move. Our system teaches you how to shift interest rate risk away from you, to control and lock in interest rates, and how to read and analyze your Adjustable Rate Promissory Mortgage Note. It tells you what to look for so you are not surprised, and gives you a fighting advantage to keep your home.
THe Risk of adjustable rate mortgages
Those of you who think adjustable rate mortgages are not as risky as what the above two paragraphs imply, consider this: at the time of this writing, the Mortgage Bankers Association just announced the delinquency rate for adjustable rate mortgages is 9.3%, while the delinquency rate for fixed rate mortgages is 4.75%. Adjustable rate delinquencies are nearly DOUBLE the fixed rate! The Mortgage Bankers Association supplies much of the home mortgage data to both the federal government and the media. Their credibility and reliability are both very high. There are troublesome times ahead for adjustable rate mortgages and the borrowers that used them, including myself. Take control of your interest rate risk and future payment size; purchase our system! The price point is very reasonable given the risk that lies ahead. Protect yourself and your family. Buy my system today, and start controlling your future!
In more normal economic conditions, a high percentage of homeowners are employed, and the values of their homes tend to increase. This makes locking in low interest rates by refinancing a simple process. Refinancing now however, is simply not possible for many. HSH Associates, which collects mortgage and other financial information, recently estimated approximately 11 million homeowners to be underwater, and many of those underwater in an ARM, where the loan is more than their house is worth. HSH further estimates that millions more want to refinance, but can’t because household income is not consistent, or not enough to merit refinancing. With home values underwater, and inconsistent incomes a constant problem, lenders will refuse to refinance you. You are in the midst of one of the greatest opportunities ever to lock in low interest rates, and you are unable to refinance. The Obama Administration launched various loan modification programs, but applicants are commonly denied the loan modification. These programs are producing very disappointing results. Far fewer people are qualifying for loan modifications than was originally projected. The very same banks that took taxpayer bailout money so they could survive, tell those same taxpayers NO to their loan modification applications, and the bank denies those applications with an undeserved arrogance. Your home is underwater, loan modifications are denied, refinancing is denied, you have potential job and income problems, and you are stuck in your ARM. So, who’s looking out for you? Who is stepping up to help you in this most difficult time? The honest answer is no one. You are dangling in the wind; you have become an untouchable to lenders. The banking community and the federal government are waiting for you to become an unfortunate statistic. Another sad case where the politicians will wring their hands and say we should have done better. Well you do not have to become that sad statistic. You can take control of your home ownership destiny and become an action-oriented homeowner unwilling to let the financial system roll over you. Don’t go through the pain and frustration of receiving that letter notifying you of a new payment you cannot make. Control the payment; don’t let the payment control you!
Buy my system today, and start protecting your family and home now!