Category Archives: Adjustable Rate Mortgages

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. Continue reading

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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? Continue reading

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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

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

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. Continue reading

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