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Reply to "Feeling good about my 3.75% 30 yt mortgage"
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[quote=Anonymous]Builder and mortgage broker told me I was crazy 2 years ago to lock in at 3.75% for 30 years. My builder went into great detail describing his 2.75% ARM and how much he was saving. Did I pay more for a couple years? Yes. Rates could be close to 6% by then end of this year - and I’ve got 3.75% basically forever. [/quote]
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