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Your ARM Might Adjust To 3.000 Percent This Year, But What About Next Year?
Wed, 09/08/2010 - 12:28ARM-holding homeowners tend to panic when their mortgage gets set to adjust; the feeling of "I better do something fast!". If that's you right now -- if you have a conventional ARM getting set to adjust -- just relax. Your mortgage rate could fall to as low as 3.000 percent and that's good. At least, *this* year it is.