April 1st, 2014 9:35 AM by Eric Fang
Fixed rate a little bit higher today after the betterstock performance for the last a few days. And also Yellen mentioned a possible an interestrate hike sometime next year.
Some lenders send out some note as 'Why Choose anARM over a Fixed?". Indeed 7 yr fixed ARM or 10/1 ARM a god option now for the mortgage rates,as long as you think the risk of higher interestis minimum.