Kentfield, California. Kentfield (formerly Ross Landing, Tamalpais, and Kent) is a census-designated place (CDP) in Marin County, California, United States, just north of San Francisco. Kentfield is located on the Northwestern Pacific Railroad 2 miles (3.2 km) southwest of downtown San Rafael, at an elevation of 115 feet (35 m).
How Do Adjustable Rate Mortgages Work? An adjustable rate mortgage or âARMâ is a mortgage on which the interest rate can change during the life of the loan. In contrast, a fixed-rate mortgage or âFRMâ is one on which the interest rate is preset for the entire life of the mortgage. 1. Initial Rate Period:This is the period for which the initial rate holds.
15 CONSUMER HANDBOOK ON ADJUSTABLE-RATE MORTGAGES. If the index on this loan rose to 5 percent, the fully indexed rate at the next adjustment would be. 8 percent (5 percent + 3 percent). If the index fell to 2 percent, the fully indexed rate at. adjustment would be 5 percent (2 percent + 3 percent).