The Adjustable Rate Mortgage

My 3/1 ARM adjusted for the first time.  Yes, I am still going to try and get a loan mod so I can get this monster fixed, but the news for this year is very good.

My rate adjusted down 1.75%.  It will stay at it’s new lower rate for the next year, and it will save me $375 per month.  I’m thrilled!

1 Comment

Filed under money

One response to “The Adjustable Rate Mortgage

  1. Thank you for this blog, keep up the informative posting. I will be sure to reference it when needed throughout our website once we add our resources section. Keep up the great blogging and thanks again.

Leave a comment