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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. . . . → Read More: Adjustable Rate Mortgages Adjusting To 3.000 Percent Right Now

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Comparing Mortgage Rates For Adjustable- And Fixed-Rate Mortgages

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. . . . → Read More: Comparing Mortgage Rates For Adjustable- And Fixed-Rate Mortgages

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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? . . . → Read More: Your ARM Is Adjusting Lower. Is There A Downside To Letting It?

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