Don’t Rush To Refinance Your Adustable Rate Mortgage Just Yet!

Is your mortgage scheduled to adjust this season? You may want to let it. This year’s ARM-holding homeowners in Sacramento are finding out that an adjusting mortgage may be the simplest way to get access to today’s low mortgage rates — without paying the closing costs.

Currently, conventional adjustable-rate mortgages are adjusting to near 3.00 percent. Continue reading