Tacoma, Gig Harbor and University Place real estate and homes for sale in Washington, waterfront homes, view homes - Mike Flynn, REALTOR® Mike Flynn REALTOR(r) for Tacoma, Gig Harbor and University Place, Washington real estate, waterfront homes, view homes - NUMBER1EXPERT™ Mike Flynn NUMBER1EXPERT(tm) for Tacoma, Gig Harbor and University Place, Washington real estate, waterfront homes, view homes
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Mike Flynn, REALTORŪ, real estate agent and broker for Tacoma, Gig Harbor and University Place Washington home listings, property and land for sale - NUMBER1EXPERT(tm)

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The Pacific Northwest is famous for its moderate temperatures and lush, wet climate. It is green year round here and oh so beautiful! In the winter it seldom snows in town--making it easy to get around--but there is plenty of snow in the mountains for ski buffs. The weather is ideal for outdoor recreation no matter what the season. 

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Real Estate Tips
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
Q 
Which estate has two pools--one on the east side for the morning sun and one on the west for afternoon enjoyment?

A 
The former estate of John Lennon in Palm Beach has two pools plus guest quarters.
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Mike Flynn, REALTORŪ, real estate agent and broker for Tacoma, Gig Harbor and University Place Washington home listings, property and land for sale - NUMBER1EXPERT(tm)

Mike Flynn
John L. Scott/University Place

4970 Bridgeport Way W
University Place, WA. 98467
253-566-3889
253-222-5911
253-565-1010
Fax: 253-564-6004
Email: mikeflynn@NUMBER1EXPERT.com

Want local knowledge? Mike Flynn grew up right here in Gig Harbor and Tacoma, and has built a thriving, award-winning practice by helping folks succeed in their real estate goals. You can count on Mike for professional handling of your transactions, whether personal or for investment. Call or e-mail him today!

ABRCRSGRIREALTORSRES


John L. Scott/University Place real estate and homes for sale in Tacoma, Gig Harbor and University Place Washington

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