If you have an ARM, I would refinance immediately. Rates have never been this low. Only problem is if you owe more than the house is worth. Otherwise, re-fi!Originally Posted by zohdee
Admittedly, I didn't get interested in how our government works until about eight years ago.
One thing I don't understand is the housing collapse. When we were looking for a house our realtor told us we could get more house for lower payments with an ARM. I said I would rather have a fixed rate so I know what my payments will be until the house is paid off.
Seems to me quite a few problems are caused by people not taking responsibility for their decisions.