http://www.mightybargainhunter.com/2010/06/28/comparing-mortgages/ Helping readers to use bargains wisely since 2005 Sun, 12 Feb 2012 16:24:19 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.mightybargainhunter.com/2010/06/28/comparing-mortgages/comment-page-1/#comment-239114 Insurance Coverage Dot ME Wed, 30 Jun 2010 22:29:54 +0000 http://www.mightybargainhunter.com/?p=2256#comment-239114 Adjustable rates mortgages seem too risky. What happens when the feds decide to aggressively raise interest rates and a homeowner isn't able to sell? I remember hearing horror stories a few years ago when the feds were raising rates to the tune of my mortgage payment doubled. Adjustable rates mortgages seem too risky. What happens when the feds decide to aggressively raise interest rates and a homeowner isn’t able to sell? I remember hearing horror stories a few years ago when the feds were raising rates to the tune of my mortgage payment doubled.

]]> http://www.mightybargainhunter.com/2010/06/28/comparing-mortgages/comment-page-1/#comment-238986 Beating Broke Tue, 29 Jun 2010 15:52:14 +0000 http://www.mightybargainhunter.com/?p=2256#comment-238986 I've been contemplating refinancing our home loan and second mortgage into an ARM. We plan on moving within 5 years, so I'm not too worried about what rates will do after that. Only thing is to crunch the numbers to see if the savings will be worth the extra fees and such for the refi. I’ve been contemplating refinancing our home loan and second mortgage into an ARM. We plan on moving within 5 years, so I’m not too worried about what rates will do after that. Only thing is to crunch the numbers to see if the savings will be worth the extra fees and such for the refi.

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