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Washington D.C., NW Washington DC, and Chevy Chase, DC Weather Being located in the Washington D.C. area, you are assured of four full and beautiful seasons with all the varied activities possible at different times of the year. There is sailing and hiking in the summer and sledding and snowmen in the winter. Spring is a lively, vigorous time of renewal and our autumns are so beautiful that people from all over take vacations at that time so they can take tours of the countryside and view the colorful foliage. What a place! Feel free to peek at our local forecast via the web site featured on this page. It's our job to know EVERYTHING about Washington D.C., NW Washington DC, and Chevy Chase, DC! Ask us any question. Or request a FREE information package. There's no obligation, and we promise to get back to you quickly... 
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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.
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| Q |
Where would you go to visit the largest ancient castle in the world?
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| A |
You would travel to Prague, Czech Republic, to see the Prague Castle, built in the 9th century, with a total surface area of 18 acres. |
See More Real Estate Trivia > |
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