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.
An independent, third party index is used in every adjustable rate mortgage. All adjustable rate mortgages (ARMs) have indexes used in calculating future interest rate changes. An index is the base rate from which your new interest rate is built at each adjustment period. Ideally, you want an index that is stable, widely available for verifying, and simple to understand.