Adjustable Rate Mortgages Adjusting To 3.000 Percent Right Now

February 8, 2011 by John · Leave a Comment 

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.

Comparing Mortgage Rates For Adjustable- And Fixed-Rate Mortgages

January 12, 2011 by John · Leave a Comment 

Currently, relative to fixed rate mortgages, ARM pricing is excellent. Freddie Mac’s weekly Primary Mortgage Market Survey puts the 5-year ARM mortgage rate lower than the 30-year fixed rate mortgage rate by 1.02 percent.

Your ARM Is Adjusting Lower. Is There A Downside To Letting It?

September 10, 2010 by John · Leave a Comment 

Adjusting conforming mortgages are adjusting to as low as 3 percent. If you have one, should you let your rate fall? Or refinance out?

Should You Refinance Your ARM, Or Let It Adjust Lower?

July 13, 2010 by John · Leave a Comment 

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.

Don’t Rush To Refinance That ARM — It May Be Adjusting To 3 Percent Or Lower

March 10, 2010 by John · Leave a Comment 

If your mortgage is set to adjust this year, the smart move may be to let it. Today’s conforming mortgages are adjusting lower than ever before — as low as 3 percent. It may not be what you expected when you signed for your ARM several years ago.