Which mortgage program would you choose?

I am in the process to cash-out refinance my primary home and have the option to pick either the 30 yrs fix at 4.625% or the 10/1 arm at 4% at no cost (plan to use the money to buy another investment property).


 


Which one would you pick?

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回复:Thanks for reply -温馨收租婆- 给 温馨收租婆 发送悄悄话 (157 bytes) () 12/14/2010 postreply 07:31:58

If you plan to move within 10 years -Conehead- 给 Conehead 发送悄悄话 Conehead 的博客首页 (128 bytes) () 12/14/2010 postreply 07:42:57

回复:If you plan to move within 10 years -温馨收租婆- 给 温馨收租婆 发送悄悄话 (31 bytes) () 12/14/2010 postreply 07:54:14

you shall do it last month with a much lower rate. -jjj7- 给 jjj7 发送悄悄话 jjj7 的博客首页 (0 bytes) () 12/14/2010 postreply 07:36:59

回复:you shall do it last month with a much lower rate. -温馨收租婆- 给 温馨收租婆 发送悄悄话 (47 bytes) () 12/14/2010 postreply 07:58:22

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