10 year ARM in 2022 for 3.6%
We purchased a $1.2M home in 2022 with a 10-year ARM at 3.6%. At the time, choosing the ARM made sense because it helped us keep our monthly payments lower. With interest rates now significantly higher, I’m starting to think ahead. What options should we consider, and what steps would you recommend we plan for over the next five years before the ARM period ends?
u/Such_Marionberry_206 — 7 days ago