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rsanglar · Joined: 24 Sep 2009 Posts: 1 1.26 Dollars($)

When a home mortgage interest rate decline, why is that a good idea to consider refinancing a mortgage by switching from ARM to fixed-rate loans? In which situations is it good switching?

sunnyca2009 · Joined: 04 Aug 2009 Posts: 1731 35.55 Dollars($)

Well if the rates are lowas they are now, it is goodto refianance the loan to a lower rate tosave the money

looks at the current economic situation and make decision if the interest will go up or down and refiannce

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