u/Valuable-Koala4400

Should I go with 5ARM or 30-yr fixed? Purchase price: $955K

I’m putting down 30% for the purchase.

Trying to predict where the rates will be at in 5 years or go with 30-year fixed. Of course, no one can predict the future.

What rate is everyone getting these days?

I have 5.75% for 30-yr no closing cost; or 5.125% for 5ARM no closing cost.

reddit.com
u/Valuable-Koala4400 — 23 hours ago

Should I go with a 5 ARM or 30-yr fixed on $955K purchase?

Im putting down 30% for the purchase.

Trying to predict where the rates will be at in 5 years or go with 30-year fixed. Of course, no one can predict the future.

What rate is everyone getting these days?

I have 5.75% for 30-yr no closing cost; or 5.125% for 5ARM no closing cost.

reddit.com
u/Valuable-Koala4400 — 23 hours ago