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re: 5 year ARM 6% or 30 year loan for 6.875?

Posted on 3/16/23 at 8:18 pm to
Posted by shoelessjoe
Member since Jul 2006
9926 posts
Posted on 3/16/23 at 8:18 pm to
quote:

Honestly, we’re still in a somewhat low rate environment IMO.

I agree and that’s why I am leaning towards the 30 year 6.875, but just want to get others opinions. Could save 150k if it stays at 6% using the ARM, but that’s with risk it doesn’t go up.
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