– BMC Mortgage Inc., today announced the opening of its Fort Worth office, for commercial mortgage origination. Lone Star Capital Funding Inc. is an established mortgage. This expansion represents a further strengthening of BMC’s position as the nation’s top commercial mortgage broker for the $500,000 to $5,000,000 arena.
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HomeLoanCenter.com, the leading online full spectrum mortgage lender announced that the rise in interest rates has fueled the demand for adjustable rate mortgages (ARM). ARM programs typically offer lower interest rates than traditional fixed rate loans. In general borrowers can secure an interest rate one percentage point lower on a five-year ARM than on a 30-year fixed loan program.