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re: Would you do 7/1 ARM or a 30-year fixed mortgage for a starter home?

Posted on 2/12/14 at 2:26 pm to
Posted by C
Houston
Member since Dec 2007
27838 posts
Posted on 2/12/14 at 2:26 pm to
quote:

just know that in rate will be higher


You don't know this.
Posted by hawkeye007
Member since Feb 2010
5910 posts
Posted on 2/12/14 at 2:41 pm to
after 10yrs as a mortgage banker i am 99.9% sure the rates will be hiher in 5-7 yrs then they are now. the only place to go from all time lows is up!
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