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Updated about 4 years ago,
10/1 Yr. ARM vs 30 Yrs. Fixed Rate
So I have a few option the two im tossing around are the:
10/1 Yr. ARM 30 Yrs. @ 3.875%
30 Yr fixed rate @ 4.5%
Finance amount is $144,000
I plan to refinance in a year hopefully anyway but just seeing what others opinions are.
Thank you