What Kind of Mortgage Do You Have?

A new BankRate poll found 34% of homeowners do not know what type of mortgage they own.

Other items of note:

• 28% of survey respondents worry (either "regularly" or "sometimes") about how they will afford their payments next year.
  
• 34% of respondents with ARMs do not know what they will do when their loan readjusts.
  

If you have an adjsutable rate mortgage, now may be the time to lock into a mortgage with a fixed rate. Call Compass Mortgage at (603)472-2272 or visit www.CharleyFarleyHomeLoans.com


Source: BankRate