Loved this post from CNN-Money about whether or not you should refinance your ARM. There are good times to make a decision to do that and get with a fixed rate mortgage and conventional wisdom will tell you that you SHOULD go with the stability a fixed rate mortgage offers you. But sometimes its best to wait and that is what I really liked in this article. Everyone's circumstances are different and its not a good idea to assume you should switch. Take a look at where you are, what your terms are, what you might be looking to do in the next 3-10 years, assess your job situation and your children's needs. THEN you are in a better position to make a call on whether or not to refinance.
And when you do - give me a buzz so I can help you find a GREAT mortgage lender!
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