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Conforming ARMs From 2004-2006 Are Adjusting To 3 Percent

May 11th, 2011 · Comments Off on Conforming ARMs From 2004-2006 Are Adjusting To 3 Percent

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.

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Tags: Mortgage Guidelines