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.
5/1 ARM Mortgage Help What is a 5/1 ARM? A 5/1 Adjustable Rate Mortgage (ARM) is a mortgage in which the rate is fixed for 5 years and in the sixth year, the loan becomes an ARM. The new rate is determined by an economic index (usually treasury or treasury average index) or by the one-year London Interbank Offered Rate (LIBOR), and is added to a pre-determined margin (usually between 2.25-3.0%) to arrive at your new monthly rate.