Question by spoonylarue: Is it true that I have to keep my Adjustable Rate Mortgage for 2 years?
That’s what the mortgage guy said but I’ve heard other people say I should try and refinance now. I’ve only lived in the home for 8 months. The interest rate is 8.625. Yes, I did (do) have less than desirable credit.
Answer by ☼Head Brainiac☼
You have to do whatever you agreed upon when you signed the papers.
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