Should You Refinance Your ARM, Or Let It...
Posted by yourmortgageplanner in
adjustable rate mortgages on 07 13th, 2010 |
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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. It’s related to the math behind the ARM.
Conventional, adjustable-rate mortgages share a common life cycle:
There’s a “starter...