john s asked:


I see it changing almost daily. What changes the rate that you can get for your home. What should i do as well?

I am getting a home and going through and have not decided on an 3-year ARM (adjustable rate mortgage), 5-year ARM or a fixed rate. Right now they are at 6.5%. with an ARM i am locked in with a rate of about .6% lower

Any suggestions? Lock-in for 30 years or do an adjustable?

Lorraine