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.
Today's ARM Mortgage Rates Drop Below 3%. Along with fixed-rate mortgage rates, adjustable-rate mortgage rates are near new lows, too. Freddie Mac's weekly mortgage rate survey puts the 5-year adjustable-rate mortgage at 2.99% nationwide with just 0.4 discount points required at closing. The 5-year ARM and its low rate can be enticing, but it's important to understand how an adjustable-rate mortgage works before choosing one to finance your home.