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Entries Tagged ‘loans’

ING Keeps Hawking Their Easy Orange ARM Without Calling It An ARM

May.03, 2010 in Articles Leave a Comment

A few months back, ING sent me a direct mail piece advertising their Easy Orange Mortgage.
ING’s Easy Mortgage is an Adjustable Rate Mortgage, or ARM, though they go to great lengths to never use the term “ARM” in their promotional pieces.
Looks like they’re at it again.
I received yet another advert pushing their 5/1 ARM.
Again, I [...]

Tags: finance, housing bubble, housing crisis, ING, ING ARM, ING Direct, loans, mortgage, personal finance

What’s the difference between a Fixed Rate and an Adjustable Rate Mortgage? (ARM)

Feb.20, 2010 in finance 2 Comments

When financing a home, there are two major types of mortgage financing, a fixed rate mortgage and an adjustable rate mortgage (ARM). A fixed rate mortgage is a loan in which the interest rate does not change during the term. Conversely, with an adjustable rate mortgage, the interest rate is periodically adjusted during [...]

Tags: 3/1 ARM, 5/1 ARM, adjustable rate mortgage, ARM, finance, fixed rate mortgage, loans, mortgage, mortgage loan, mortgage rates, mortgages, teaser rate

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Entries Tagged ‘loans’

ING Keeps Hawking Their Easy Orange ARM Without Calling It An ARM

What’s the difference between a Fixed Rate and an Adjustable Rate Mortgage? (ARM)

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