Read What People Are Saying About Us
We always ask our clients to write or email us, and tell us truthfully how they appreciated our service to them. Their feedback is so important! Here are a few highlights of what people are saying about us...
I wanted to take a moment to thank you Rob and your team for your hard work.
Dario Lorenzo
Rob Cohen made every effort of our house purchasing in Arizona a breeze.
Darlene and Dave Naumann
The world of real estate can be frightening...
Steve and Donna Gilbertson
We are writing to express our appreciation...
Pat and Austin Swartz
Rob has proved himself over and over again...
Liz from New York City
I would like to commend Rob Cohen...
Tena and Jim V. - Chicago, IL
Just wanted to drop you a line to say thanks...
Linda
It's without hesitation that we can say the best experience we had in buying a home was due to the exceptional competence and service of Robert Cohen.
George & Pat Davis
We had a great experience working with Rob and his team.
Bob Cowger Cowger Construction
Tell us how we're doing!
You have a story to tell about us. You've worked with us, and we've helped you buy or sell a home. We need your feedback. Others need your feedback, too! Please take a moment to fill out this form and tell us how we did...
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Financing Your Home >ARMs
Here is a tip for those who are shopping for Adjustable Rate Mortgages (ARMs): the "margin" is almost as important as the initial rate. The margin is the percentage point above the average yields for Treasury notes on which future rate adjustments will be calculated.
Let's compare two hypothetical one-year ARMs. The first may have an initial interest rate of 7% with a 2.5 margin, while the second begins at 6 7/8% with a 2.75 margin. Both loans have rate caps of 2%. Suppose that at the end of the first year of the loan, the average of the one-year Treasury note yield has been 5 1/2%. For each loan, the lenders will add the margin to that 5 1/2% average yield. Thus the interest rate for first loan would increase from 7% to 8%, and the second would go from 6 7/8% to 8 1/4%. While the first ARM had a slightly higher initial rate, it will have lower rates in subsequent years, unless the Treasury note rates increase enough to activate the annual caps on the amount of the increase. There is a wide variance among margins in ARMs offered by competing lenders, and this should be a factor when you decide on your loan.
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| Q |
What acclaimed house built of stone, concrete, and glass is built over a waterfall?
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| A |
Fallingwater in Mill Run, PA, built by architect Frank Lloyd Wright, is one of the most-visited homes in the U.S.
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 See More Real Estate Trivia > |
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- NUMBER1EXPERTS™ 
