Posts Tagged ‘Reset’

My 5/1 Arm Will Reset In 18 Months, Should I Refinance Home Mortgage Now, Or Wait For Few More Months?

Friday, June 5th, 2009

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?