ARM or FRM?

Today's 30 was at 3.875% 7 yr AM 3.5% so a FRM will be better suited and protect you against interest rate risk in the event best laid plans do not happen. Contact me at ballen@accessnational or 240-750-8315

Hi Paul, Ballen has a good point so it is really up to you. You could save a decent amount of money before you move, but if you don't move and rates are higher at that time you could be paying more than your 6%. If you would like to discuss further contact us. Michelle & Benny 201-962-3555 TeamAmbassador@BestMortgageOption.com

It all depends on the rate difference. However another great strategy is to look at reducing the term. You could keep a similar payment and pay way more principle down. This will help with the amount you get back when you go to sell the home. You can use the calculators on my site to compare go to www.mymortgagenashville.com

Interest rates are below 4%. You should take advantage of the low rates and think about the amount of money you would save monthly. If you would like to see how much you could save, please give me a call at 757-672-6550. I am located in Chesapeake, Virginia and would love to help you.

Paul, you would be better to refiance with a fixed rate loan . Those rates were at 3.75 % today. Also depending on when you did the loan, our company will give a credit on your closing costs. We also charge no processing fee for our loans.This will save you a lot on your closing costs.I am a Virginia based lender, give me a call I will work with you to get you the best loan. Contact me at 540 293 9296 or TravlerM@aol.com

Hi Paul,5/1 and 7/1 ARM rates are around 1% - .5% lower than the 30yr fixed. I would be happy to provide a loan comparison along with a cost/benefit analysis and go over the numbers with you to see what would work best. If you have a financial advisor you work with, I recommend talking with him/her.Regards,Jason CriglerCrown MortgageCharlottesville, VA(434) 975-5626 x111jason@crownmortgage.com

I would contact a local mortgage broker, not a bank and have them do a side by side comparison. Only you can determine what will best suit your needs. But being able to look at all your options at once is paramount. WilliamAcres.com