Louisville Real Estate For Sale | Oldham County Ky Homes | Shelbyville Houses For Sale | Louisville Real Estate Experts - Jeff, Linda and Fred Levein, REALTORS® - NUMBER1EXPERTS™Jeff, Linda and Fred Levein REALTORS(r) for Louisville, Kentucky real estate, investment properties, new construction - NUMBER1EXPERTS™ Jeff, Linda and Fred Levein NUMBER1EXPERTS(tm) for Louisville, Kentucky real estate, investment properties, new construction

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Jeff, Linda and Fred Levein, REALTOR®, real estate agents and broker for Louisville, Shelbyville and Oldham County Kentucky home listings, property and land for sale - NUMBER1EXPERT(tm)
Have Real Estate in Louisville that you wish to sell? Call Us Today & find out why we are the Louisville Real Estate Experts! 1-800-832-6055



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Compare three mortgages at one time. Download TripleCalc now. It's free.

Real Estate - Homes - NUMBER1EXPERTS Sell More!
Jeff, Linda and Fred Levein are three of The Top Selling Real Estate Experts™
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Resources: Louisville, Shelbyville and Oldham County Kentucky home buying, real estate listings, and homes for sale in Jefferson County, KY
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Affiliates: Jeff, Linda and Fred Levein 's real estate web site affiliates
Monthly Payments & Schedule: Monthly loan payments java mortgage calculator
How Much Can You Afford?: Calculate how much home you can afford with this financial calculator
Determine Tax Savings: Calculate how much your monthly Louisville, Shelbyville and Oldham County Kentucky mortgage payments save you on your taxes because of loan interest
Should You Rent or Buy?: Is it better to rent a home in Kentucky or buy your own Louisville, Shelbyville and Oldham County house, ranch, luxury property, condominium, acreage, or other real estate?
Adjustable Rate Mortgages: Adjustable rate Louisville, Shelbyville and Oldham County mortgages information and interest rate java calculator
What Is Your APR?: Determine the Annual Percentage Rate (APR) for your mortgage.
Fixed or Adjustable Rate Mortgage?: Use this calculator to compare a fixed rate mortgage to two types of ARMs, a Fully Amortizing ARM and an Interest Only ARM.
Are Balloon Mortgages For You?: Balloon mortgage calculator. A balloon mortgage can be an excellent option for many home buyers.
15 vs. 30 Yr Mortgages: With a 15 year mortgage you will pay significantly less interest, but only if you can afford the higher monthly payment. Use this calculator to compare these two mortgage terms.
How Much Should Your Income Be?: What income is required to qualify for a mortgage? Use this calculator to find out.
What's Your Maximum Mortgage?:This calculator will help you determine your maximum monthly housing payment and the resulting mortgage amount.
Will Buying Points Save You Money?:This calculator helps you determine if you should pay for points, or use the money to increase your down payment.
TripleCalc: FREE Software Download: TripleCalc lets you compare three loans at one time for your property or other Kentucky real estate
Top National Real Estate Web Sites: Real Estate Web Sites that include some unique sources of realty information, listings, and more
Link Partners: Jeff, Linda and Fred Levein 's real estate web site links to other sites about property selling and buying in this area of Kentucky
Ask Anything: Ask Jeff, Linda and Fred Levein anything real estate
NUMBER1EXPERTS: List of all the NUMBER1EXPERT real estate agentss and realty professionals and brokers in the USA and Canada with links to their personal web sites with homes for sale
Real Estate Tips: Jeff, Linda and Fred Levein 's realty library of real estate tips and advice on everything from preparing your home for sale to negotiating with home buyers to escrow, closing costs, property inspections, and mortgage brokers
Real Estate Trivia: Jeff, Linda and Fred Levein 's collection of real estate trivia questions and answers that include real estate topics such as the most expensive home, largest swimming pool, and more
Real Estate Dictionary: Complete real estate dictionary and glossary of realty words you'll use when you list and sell your Louisville, Shelbyville and Oldham County property in Kentucky, including legal terms definitions, and more



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Real Estate Tips
Financing Your Home >ARMs

Here is a tip for those who are shopping for Adjustable Rate Mortgages (ARMs): the "margin" is almost as important as the initial rate. The margin is the percentage point above the average yields for Treasury notes on which future rate adjustments will be calculated.

Let's compare two hypothetical one-year ARMs. The first may have an initial interest rate of 7% with a 2.5 margin, while the second begins at 6 7/8% with a 2.75 margin. Both loans have rate caps of 2%. Suppose that at the end of the first year of the loan, the average of the one-year Treasury note yield has been 5 1/2%. For each loan, the lenders will add the margin to that 5 1/2% average yield. Thus the interest rate for first loan would increase from 7% to 8%, and the second would go from 6 7/8% to 8 1/4%. While the first ARM had a slightly higher initial rate, it will have lower rates in subsequent years, unless the Treasury note rates increase enough to activate the annual caps on the amount of the increase. There is a wide variance among margins in ARMs offered by competing lenders, and this should be a factor when you decide on your loan.

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Real Estate Trivia
Q 
What are the financial benefits of having a home near a body of water?

A 
The mere presence of water within 300 feet increases a home's value by 22 percent.
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Jeff, Linda and Fred Levein, REALTOR®, real estate agents and broker for Louisville, Shelbyville and Oldham County Kentucky home listings, property and land for sale - NUMBER1EXPERT(tm)

Jeff, Linda and Fred Levein
RE/MAX 100, Inc.

6006 Brownsboro Park Blvd.
Louisville, KY 40207
Each Office Independently Owned & Operated
Toll Free: 800-Team055
Direct: 502-736-0505
Fax: 502-897-1295
Phone: 502-897-1200
jeffandlinda@leveinteam.com

The Levein Team - Jeff and Linda Levein and their son, Fred - are Louisville's Real Estate Leaders. "Business First", Louisville's premier business publication, ranked the Levein Team the Number 1 real estate team in the entire city of Louisville, Kentucky. But rankings aren't as important as what our customers tell us: "We have moved 10 times in the past 14 years and we have never had the pleasure of dealing with realtors as hardworking and professional as the Levein Team- B.R. Family"

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