Pat Markfort Realtor

10/25/2026

Always open for referrals and your questions!

651-428-8871
www.PatMarkfort.com
[email protected]
LPT Realty

10/24/2026

Why More Buyers Are Turning To Adjustable-Rate Mortgages Today

What if you could save $150–$300 a month on your mortgage payment just by choosing a different type of loan?

For some homebuyers, that could be a game changer. And it's one reason adjustable-rate mortgages (ARMs) are getting more attention.

According to Bankrate, ARM rates recently came in more than a full percentage point lower than traditional fixed-rate mortgages. That's potentially hundreds of dollars in monthly savings on a median-priced home.

And buyers are taking notice. About 1 in 10 mortgage applicants are now choosing an ARM, according to the Mortgage Bankers Association.

So, what's the catch?

Unlike a fixed-rate mortgage, an ARM gives you a lower introductory rate for a set number of years. After that, your rate can adjust up or down based on market conditions.

That means you could save money upfront, but you'd also need to be comfortable with the possibility of higher payments later.

And here's something worth knowing: Today's ARMs have more borrower protections than the risky loans that made headlines during the 2008 housing crisis.

The bigger takeaway? A traditional 30-year fixed mortgage isn't your only option.
If today's rates are making your homebuying budget feel tight, there may be financing options you haven't explored yet.

Curious whether an ARM could help make your next home more affordable? Connect with a trusted lender who can run the numbers.



Always open for referrals and your questions!

651-428-8871
www.PatMarkfort.com
[email protected]
LPT Realty

10/23/2026

Want a More Affordable Home? Don’t Overlook Condos.



Always open for referrals and your questions!

651-428-8871
www.PatMarkfort.com
[email protected]
LPT Realty

When you picture buying your first home, chances are you’re imagining a traditional single-family house with its own yard, maybe a garage, and little extra room to grow. But with affordability still tight, getting everything on that list right away may come with a higher price tag than you’re co...

10/22/2026

New Homes Cost Less in 1 in 3 Major Markets



Always open for referrals and your questions!

651-428-8871
www.PatMarkfort.com
[email protected]
LPT Realty

10/21/2026

Confused by Home Price Headlines? Here’s Why.



Always open for referrals and your questions!

651-428-8871
www.PatMarkfort.com
[email protected]
LPT Realty

Whether you own a house already or you’re looking to buy one, you probably care about home prices.

10/17/2026

Homes Are Still Selling – Even in a Slower Market



Always open for referrals and your questions!

651-428-8871
www.PatMarkfort.com
[email protected]
LPT Realty

If you’ve seen headlines saying home sales are slowing down, you may be wondering: is this really a good time to sell?