Compare three mortgages at one time.
Download TripleCalc now. It's free.
|
|
|
 |
|  | | | Gladstone City Logo | |
About the Gladstone, Missouri Area  Gladstone Gladstone, Missouri was incorporated in 1952 and is the largest city in population in Clay County. It covers a nine square mile area, and lies North of the river within the Kansas City, Missouri, Metroplex area. Gladstone is ideally situated to take advantage of its dual location within one of the hottest suburban counties in the nation and near the heart of the 25th largest metropolitan market in the Country. Zona Rosa Shopping, Dining and Entertainment at it's Best Zona Rosa has it all, the Northlands newest addition, where parking is no problem, Free and metered parking where the money goes to charity. Click on the link to visit the Zona Rosa Site and take the photo tour. The North Kansas City School District, AAA rated, received Blue Ribbon Honors from Expansion Management magazine. Additional advantages of Gladstone are: No City Earnings Tax Competitive Land Cost City-at-Large Road Improvements City-at-Large Storm and Sewer Improvements Low Tax Rates Conscious and Responsive City Government to Both Residents and Businesses Needs Nationally Recognized, AAA Rated, Blue Ribbon School District   |  | | Shops at Zona Rosa |
What is there to do? Recreation
 |  | | Staley High School |
 |  | | Gladstone Police Department |
 |  | | Gladstone |
 |  | | Gladstone Fire Department |
 
Financing Your Home >Hybrids Offer Low Rates
In the field of home financing, "hybrid" mortgages have grown in popularity with homebuyers. With interest rates gradually rising in today's market, the hybrid mortgage product saves money, provides a period of fixed-rate security and helps buyers qualify for financing.
Hybrid mortgage loans offer a very low fixed-rate for a period of time, usually from 5 to 7 years, then revert to an adjustable rate mortgage (ARM) for the remainder of the term of the loan. The interest rate is typically lower than with a 30-year fixed-rate loan, and the borrower has the assurance that the rate will not change for a period of years. Such a loan works well for buyers who plan on reselling the home within a finite period.
Other specialty mortgages now available include an ARM loan with a provision allowing it to be converted to a fixed-rate loan when that is a practical step for the borrower. Still others offer an interest-only loan that requires payments to be made on the interest only for a specified number of years, then reverts to an amortized loan with interest and principal payments each month. Consult with an experienced mortgage professional to determine whether one of these loan products will meet your needs.
|
| Q |
What is the most unusual maintenance project done once each year in the United States?
|
| A |
The Niagara Falls is shut down for maintenance every year in the fall by diverting the flow of water for 24 hours using a massive series of pipes constructed in 1837.
|
See More Real Estate Trivia > |
|
|
|
|