ARMs or fixed rate mortgages? Especially right now.

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Depends on the difference in rates / payments, how long you plan to hold, and the estimated cost to refinance if / when rates drop.

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What’s your time line

10 years

I am so thankful I have a fixed rate mortgage right now. That’s what you need in chaotic times.

How about 4.99% lock in for 7 years ARM and can refinance any time for free

Lennar

Situation is 10/6 ARM at 6.125 vs 6.75 30 year fixed

Agree I’d say ARM

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