Posts discussing LIBOR ARM

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06Jul2009
Author
Dan Green
Filed Under
Mortgage Strategy
Don’t Rush To Refinance That 5-Year ARM Because It May Be Adjusting Down Thumbnail

Don’t Rush To Refinance That 5-Year ARM Because It May Be Adjusting Down

ARM-holding homeowners often assume that when their mortgage is about to adjust, it's time to refinance it -- no matter what. The math, however, says otherwise. If your adjustable rate mortgage is due to reset in 2009 and 2010, the smart play may be to let it change

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