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Updated over 10 years ago on . Most recent reply

User Stats

353
Posts
85
Votes
Sean Kuhn
  • Minooka, IL
85
Votes |
353
Posts

Do ARMs stay competitive in their adjustment period?

Sean Kuhn
  • Minooka, IL
Posted

I have been getting into a few portfolio lent ARMs lately(maxed out on fixed rates) and I'm wondering, do ARMs keep their interest rates at market competitive rates? They wouldn't just cap it out right away at the adjustment period because I'll just refi with a competitor?

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