6 month ARM DSCR

[Stephen Rinaldi]

Just signed up with a lender with an excellent DSCR product in the 5's on 6 month ARM. If you are like me and expect rates to drop by EOY of 2023 then this is an intersesting options. In terms of risk/reward if you refinance with 12-18 months your worst case scenario is breaking even vs the 30yr fixed.

Im a student of this industry and I'm not seeing how rates dont drop significantly with in 12 months.  The inflation data is getting better and bank failure is asign that rate increases need to slow down.  Even the Fed is openly talking about rate decreases in 2024.