LRDave
Thinks s/he gets paid by the post
My Penfed 5/5 ARM adjusted from 2.5% to only 2.625%. I assumed back when I got the 2.5% rate that it would adjust to the max for the next 5-year period. I had it budgeted that way and honestly forgot about it (which is silly).
We should be selling this suburban boat anchor within the next adjustment period.
We should be selling this suburban boat anchor within the next adjustment period.