Updated almost 5 years ago on . Most recent reply

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