From the daily archives: Wednesday, March 10, 2010

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

By On March 10, 2010 · In Adjustable Rate Mortgages

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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