re: Talk me out of a 7 Year - Adjustable Rate Mortgage loan

quote:

---

5% but i plan on selling the home before the 8th year hits and those go into play

---

not to say anything will happen in that time frame, but life changes happen and market changes happen as well.

If the market takes a dip in your area, and you cant sell the house for what you want you can be stuck in the house longer then anticipated.