My 5/1 arm will reset in 18 months, should I refinance home mortgage now, or wait for few more months?
Thursday, August 28th, 2008
deedee asked:
Current rate of ARM interest is 5.125%. Would it better to go for 6.75% mortgage refinance at no closing costs, if I am planning to live in the same house for next 7 to 10 years?
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Current rate of ARM interest is 5.125%. Would it better to go for 6.75% mortgage refinance at no closing costs, if I am planning to live in the same house for next 7 to 10 years?
Caffeinated Content