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re: Shopping for mortgage: ARM vs fixed?

Posted on 6/9/23 at 11:20 am to
Posted by Big Scrub TX
Member since Dec 2013
33608 posts
Posted on 6/9/23 at 11:20 am to
quote:

wouldn’t a 5/1 ARM be priced higher or the same as a 30 year mortgage right now with the inverted yield curve?
Posted by meansonny
ATL
Member since Sep 2012
25806 posts
Posted on 6/9/23 at 5:42 pm to
I just pulled up a wholesaler website and confirmed the 30 yr rate right now is 6.25% and their 5 year arm is 7.5% (no points).
Fremont Bank
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