Posts Tagged ‘LIBOR’
If you have an adjustable-rate mortgage that’s due to reset this season, don’t rush to refinance. For at least one more year, you can benefit from low rates and low payments. As for the next adjustment, though, that’s anyone’s guess.
Tags: ARM, ARM Reset, LIBOR
Posted in Mortgage Guidelines | Comments Off
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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.
Tags: ARMs, LIBOR, refinance, refinance rates
Posted in Adjustable Rate Mortgages | Comments Off
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