ST Alpha - "Maybe I misunderstand the concept, but getting an ARM in a rising rate environment strikes me as unwise. -- nm" (Reading a Post)

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In response to "Rising Mortgage Rates Cause 'Rush to ARMs' -- (link)" by decline

Maybe I misunderstand the concept, but getting an ARM in a rising rate environment strikes me as unwise. -- nm

Posted by Was Bar Was (aka BaronWasteland) Jun 26 '13, 10:21

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because the rates are generally lower than a fixed-rate mortgage. - znufrii Jun 26, 10:24
Some argue that getting an ARM is never wise. - Strongbad Jun 26, 10:23 1
- if you are only going to be in a house for 5 years, it makes perfect sense. nm -- nm - groiny Jun 26, 10:23
yup. nm -- nm - groiny Jun 26, 10:22

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