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| ARM Reset Leads are Adjustable Rate Mortgage holders who anticipate their loan to be converting from a fixed rate to an adjustable rate in the near term. Our ARM Reset Leads not only identify a mortgage holder ready to refinance, they have also been enhanced with other property mortgage elements that allow you to further target your ideal mortgage refinance prospect. You can select leads that will be resetting in 30, 60, 90 and 120 days from now. Additionally, our ARM Reset Leads are selectable by Combined LTV, Interest Rate, Mortgage Amount, DNC compliant telephone numbers and much more. |
| MORE ON ARM Reset |
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| August 16, 2007 |
| “Adjustable-rate mortgages exploded in popularity from 2003 through 2006. A slow-motion explosion of another kind will occur through 2012 as millions of homeowners find their ARM rates will reset for the first time. Rates will detonate, and monthly payments will blow sky-high.” |
| - Holden Lewis, Survivor’s Guide to ARM Resets, Bankrate.com |
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| June 3, 2006 |
| Some homeowners struggle to keep up with adjustable rates |
| Now, the real estate market is cooling, interest rates are rising and tens of thousands more Americans are starting to have trouble paying their mortgages. Nearly 25% of mortgages — 10 million — carry adjustable interest rates. And most of them went to people with subpar credit ratings who accepted higher interest rates, according to the Mortgage Bankers Association. |
| --By Noelle Knox, USA TODAY |
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