03:55AM | 09/15/04
Member Since: 09/14/04
3 lifetime posts
We bought the house about a yr. ago and have 2 yrs. left on a 3 yr.ARM @ 4.25%. The question is: Do I shop for a fixed loan now while percents are still low or ride it out and start a new loan after this one ends?

Next: We will be getting some inheritance $ soon, maybe 50K so do I put it towards the principle now or wait until a refinance or new loan begins to add it?


10:59AM | 09/16/04
Member Since: 09/14/04
3 lifetime posts
Hopefully 30-40 years.


08:19AM | 09/17/04
Member Since: 09/14/04
3 lifetime posts
Thanks, and the 3yr. ARM is based on 30 yrs. I heard also from a another that if you can relax in the long term an ARM will save you money, but you got to admit if at the end of my 3 yrs. and there is a fixed at 4.25% (like my current ARM)it would be tempting to lock it in. How's that work anyway, if at the end of the 3 yrs. I get another ARM or even a fixed is it now based on 27 yrs?


Post a reply as Anonymous

Photo must be in JPG, GIF or PNG format and less than 5MB.


type the code from the image


Post_new_button or Login_button

Having settled on a shape for the faucet, you must next decide on a finish. While polished chrome and brass are perennial ... It turns out that many bath and kitchen cleansers contain chemicals that are dangerous to the skin and eyes, and often pro... So often we paint tiny nooks white to make them appear larger, but opting for a dark, dramatic wall color like this one—Be... Chocolate-colored walls and large window frames allow the exposed wood beams to take center stage in this small screened p... If you're not crazy about the idea of commingling plants and pool, this modern variation may be more to your liking. The s... Yes, a freestanding garage can become its own tiny house. Artist Michelle de la Vega has all the comforts of a modern resi... There’s nothing like a new set of cabinet hardware to refresh a room. The possibilities are endless: Go modern, rustic, or... Pursue what's known as the stack effect. To achieve it, open the windows on both the upper and lower floors, and as warm a... Like no other floor type, a checkerboard design works wonders to underscore the retro kitchen theme. Vinyl flooring, ceram... Twine lanterns add pops of crafty—but sophisticated—flair to any outdoor setting. Wrap glue-soaked twine around a balloon ... When securely fastened to a tree or the ceiling of a porch, a pallet and some cushioning make the ideal place to lounge. V... Incorporate nature into your lighting scheme by securing a dead tree in a concrete mold and draping your pendant lamp from... For the cost of a can of exterior paint , you can totally transform your porch. Paint the floor a hue that complements yo... In this urban apartment, a standard-issue patio became a serene and green perch by replacing the typical concrete with gro... If you put the washing machine in the mudroom, you can stop the kids from walking through the house in dirty, grass-staine...
Newsletter_icon Google_plus Facebook Twitter Pinterest Youtube Rss_icon