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To: Georgia Girl 2

They want to raise now to get the ARM’s to reset higher, then go back down.


14 posted on 12/13/2015 2:51:08 PM PST by eyedigress ((Old storm chaser from the west))
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To: eyedigress

I have had an ARM on my loan for 13 years. Its never been higher than 3%. It adjusts annually in May. So if they want to raise the rate in Dec or Jan I figure it will be back down by May. :-)


17 posted on 12/13/2015 3:27:01 PM PST by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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