Re: Interest Rates gamble - 30 yr. fixed vs. 5-year ARM\'s
If you are planning to stay at this house for the long haul go fixed. Interest rates right now are very low, and even if they were to get lower five years down the line you could always refinance at that time.
If you are planning to move to a bigger house or another city in the next several years (like the next seven or eight years) go for the ARM.
Swede
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