z******n
发帖数: 211 | 1 Silly Q from first time buyer with no finace-smart.
If I use a 7/1ARM, can I refi my mortgage into another 7/1ARM in the 7th
year? This way I may enjoy the low rate for almost 14 years during which I
may also sell my home? |
h*d
发帖数: 19309 | 2 if your house value at that time is still high enough and the rate at that
time is still this low. you can do 3/1 ARM endlessly like that too, also
need to make sure the rate is true no cost rate otherwise it might not be
worth it.
【在 z******n 的大作中提到】
: Silly Q from first time buyer with no finace-smart.
: If I use a 7/1ARM, can I refi my mortgage into another 7/1ARM in the 7th
: year? This way I may enjoy the low rate for almost 14 years during which I
: may also sell my home?
|
g******u
发帖数: 153 | 3 the second 7/1ARM might not be low. It will be only relative low compared to
30fix at that time. For example, 30 fix is 15% and 7/1ARM is 10%. |
A***I
发帖数: 79 | 4 这是要看人品的
我的一个朋友2004年买房做的5/1ARM是4.5%，然后去年Refi又做了5/1ARM是4% |
c****o
发帖数: 32446 | 5 这么说来俺的人品不好
【在 A***I 的大作中提到】
: 这是要看人品的
: 我的一个朋友2004年买房做的5/1ARM是4.5%，然后去年Refi又做了5/1ARM是4%
|
