financialMortgage
#RI-69a90c05
about 1 month ago
1
"Choosing between 3.99% ARM and 4.875% fixed mortgage"
What Actually Happened
I chose the ARM to save $288/mo but refinance after 6 months into a fixed mortgage to avoid rate increases
What I wish I knew
"More about the long-term risks of ARMs"
Advice to Someone Facing This Now
If I could tell you one thing
"Consider your financial goals and risk tolerance before choosing between fixed and adjustable rates"
Regret Score
8/10
High, persistent regret.
Has not decreased significantly with time.
Has not decreased significantly with time.
financial Category Average
?%
of financial decisions share a similar regret distribution. (Coming soon)
Impact
-
Financial and Psychosocial impact distributions for this subset.
Advice for Someone Facing This
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