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re: Talk me out of a 7 Year - Adjustable Rate Mortgage loan
Posted on 2/11/16 at 9:38 am to CE Tiger
Posted on 2/11/16 at 9:38 am to CE Tiger
quote:
he looked at a 20 year and it was 3.75% so not sure if 15 would get me under 3
Our 20 yr yesterday was 3.5% and 15 yr was still above 3 at 3.125%. If I were you I'd go with the 20yr. You still get the kind of equity from the house you want, and you are protected if the housing market turns upside down
1
Posted on 2/11/16 at 10:06 am to HYDRebs
Wow, money keeps going away from the stock market and these rates keep flowing down. New 20 yr. is 3.375% and 15 is down to 3% btw
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