SHOP PRODUCTS
Houzz Logo Print
susie100_gw

should my mortgage rate come down?

susie100
15 years ago

I have a 15 yr ARM for a small mortgage ($25K)that I took out two years ago. My rate is about 2% above the current rate. Since the rates have gone down since I took out this mortgage, should my rate go down? Do I have to refi to get a lower rate? Going to call the bank tomorrow about this, but thought I might get some thoughts from the group here. Thanks.

Comment (1)

Sponsored
J.E.S. Home Improvement
Average rating: 5 out of 5 stars3 Reviews
Loudoun County's Full-Scale Construction Firm