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Category Archives: Adjustable Rate Mortgages
Adjustable Rate Mortgages Adjusting To 3.000 Percent Right Now
If your ARM is due to adjust this spring, your best move may be to let it. Don’t rush to refinance — your rate may be adjusting lower. Continue reading
Your ARM Is Adjusting Lower. Is There A Downside To Letting It?
Adjusting conforming mortgages are adjusting to as low as 3 percent. If you have one, should you let your rate fall? Or refinance out? Continue reading
Posted in Adjustable Rate Mortgages
Tagged Adjustable Rate Mortgage,LIBOR,Mortgage Rates
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Should You Refinance Your ARM, Or Let It Adjust Lower?
If your adjustable rate mortgage is due to adjust this year, don’t go rushing to replace it just yet. Your soon-to-adjust mortgage rate may actually go lower this year. Continue reading