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re: Home refinance Arm Vs Fixed

Posted on 4/21/18 at 8:31 am to
Posted by Spec1
Lost but making good time
Member since Jan 2015
1983 posts
Posted on 4/21/18 at 8:31 am to
In the next 5 years, do you think rates will go up? If you do then re-fi and lock it in. If not ride it out.

I think rates are in the way up. I do not think we will ever see rates this low again.
Posted by Dotherightthing
Member since Mar 2017
366 posts
Posted on 4/21/18 at 8:38 am to
i guess what has me questioning is locking at .5% higher but if rates hit 5% in a year or two then it would be a deal
Posted by castorinho
13623 posts
Member since Nov 2010
82066 posts
Posted on 4/21/18 at 8:48 am to
quote:

I do not think we will ever see rates this low again.
That's quite the prediction there
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