Posted on: 24th Sep, 2009 09:26 pm
When a home mortgage interest rate decline, why is that a good idea to consider refinancing a mortgage by switching from ARM to fixed-rate loans? In which situations is it good switching?
Well if the rates are lowas they are now, it is goodto refianance the loan to a lower rate tosave the money
looks at the current economic situation and make decision if the interest will go up or down and refiannce
looks at the current economic situation and make decision if the interest will go up or down and refiannce