Buckley & Buckley Real Estate
Buckley & Buckley Real Estate

Should you dump your ARM?

Posted on November 9, 2009
Many homeowners are going to be faced with an Adjustable Rate Mortgage that will roll over. Should you refinance or hang tight? It really depends on what your rate is tied to but The good news is that scenario hasn't come to pass. Instead, interest rates have fallen to record lows, and when your ARM resets you'll probably see your monthly net fall, not rise according to CNN Money.  Maureen

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