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re: Talk me out of a 7 Year - Adjustable Rate Mortgage loan
Posted on 2/10/16 at 3:33 pm to CE Tiger
Posted on 2/10/16 at 3:33 pm to CE Tiger
quote:Plans can change very unexpectedly. As Mike Tyson said, "Everyone has a plan until he gets punched in the mouth."
i plan on selling the home before the 8th year hits
This post was edited on 2/10/16 at 3:37 pm
2
Posted on 2/10/16 at 3:56 pm to LSURussian
15 year rate this week was 2.75 fixed, that's crazy to not take advantage of if you can afford it.
Posted on 2/10/16 at 8:49 pm to LSURussian
quote:
Plans can change very unexpectedly. As Mike Tyson said, "Everyone has a plan until he gets punched in the mouth."
Such a great quote. I feel that Patton could have very easily said it, and it applies to many different aspects of life. And even though it was said by a notoriously financially illiterate moron, it's cited in a discussion on pros and cons of different types of mortgages.
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