Free Educational Seminars

Take Control Of Your ARM

(Adjustable Rate Mortgage)

June 21, 2007 7:00-8:00 PM
June 23, 2007 10:00-11:00 AM

City of Pleasanton Library
400 Old Bernal Ave

RSVP at (800)-348-5780 x7771 or RSanMateo@HomeEquityGroup.net

Recent economic reports show that inflation is not yet under control – which means the Federal Reserve won't be lowering interest rates anytime soon. Also, over one trillion dollars in Adjustable Rate Mortgage (ARM) loans are set to start adjusting in 2007 (Mortgage Bankers Association).

Most consumers are unaware that their mortgage rate and payments could be getting ready to increase dramatically. Unfortunately, there are also cases where the consumer may be unaware that they even have an Adjustable Rate Mortgage, let alone that it is getting ready to adjust very soon. Many economists are concerned that when the payments start to increase, it will have a massive impact on consumer spending…which in turn, will impact the US economy as a whole.

Homeowners need to be made aware of the facts surrounding these issues as soon as possible, so that they can evaluate their options and make good decisions for their future.

Topics covered in this seminar include:

· Facts about ARMs

· The Federal Reserve and Inflation

· How Does Your ARM Work?

· Where Are Rates Headed?

· Homeowner Choices

Coffee and snacks will be served at the seminar.

Attendees will receive a FREE Credit Report and Credit Score Checkup!

Rodil San Mateo is a local Certified Mortgage Planning Specialist (CMPS) who is prepared to discuss these issues, and potential solutions for homeowners in the Tri-Valley area. He can be contacted at (925)-922-0470.