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Real Estate
Reply to "Our 5/1 ARM reset"
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[quote=Anonymous]We got a 5/1 ARM in 2003 and since then every time it has reset, it went down. We started off at 4.625 and are now at 3%. We are planning on moving next year, but if we don't, we'll probably try to refinance and lock in the low rate, figuring the only place it can go from here is up. [/quote]
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