Archive for the 'Adjustable Rate Mortgages' Category

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

Owen Raun -

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.

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

Owen Raun -

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.

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