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You Inherited a Mortgage – What Do You Do?

The death of a loved one is an incredibly difficult time. Not only are you emotionally drained, but after the funeral, you have the added anxiety of sorting through legal documents, financial information, and the last will and testament of the deceased. You want to make sure you take care of any financial loose ends, and that can turn into an overwhelming task.

Should You Refinance Into an ARM?

As in many areas of life, people often prefer certainty when it comes to their mortgage payment. For this reason, the idea of going with an adjustable-rate mortgage (ARM) is often dismissed out of hand. However, there are certainly reasons to consider it, particularly if you’re refinancing to save money. We’ll discuss the pros and cons of an ARM refinance, but let’s start with the basics.

Should You Refinance Into an ARM?

Should You Refinance Into an ARM?

As in many areas of life, people often prefer certainty when it comes to their mortgage payment. For this reason, the idea of going with an adjustable-rate mortgage (ARM) is often dismissed out of hand. However, there are certainly reasons to consider it, particularly if you’re refinancing to save money. We’ll discuss the pros and cons of an ARM refinance, but let’s start with the basics.

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