Replying to Avatar CensorThis

May not be a bad idea to take adjustable now.

Rates shouldn’t move much higher.

It’s a gamble, but a potentially reasonable one at this point.
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Nunya Bidness 2y ago

Refinancing is an option to ride rates down but it does take more effort.

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CensorThis 2y ago

Well, if you have low rates currently there’s zero point to refinancing.

But, if you’re buying a new home, then adjustable may be a better choice than 30yr.

Sure, you could refinance, but there’s cost there and effort there.