The fact is an ARM that you took a year ago could easily adjust to 6.5 percent or 7 percent percent at the next adjustment. Contrast that with the ability to lock in 6 percent for the next five years.  -   Greg McBride     Quotes
The fact is an ARM that you took a year ago could easily adjust to 6.5 percent or 7 percent percent at the next adjustment. Contrast that with the ability to lock in 6 percent for the next five years. Greg McBride