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Personal Finance
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Title
10/1/2005
Q. I am in the process of refinancing my mortgage
for a major home remodeling project. It was suggested (with a wink and nod) that
it would be wise to take a fixed rate conventional (5 3/8) instead of another VA
ARM (currently at 4 1/4, 2% over 1 year constant maturity, +/- 1% per year max
adjustment, 11% cap). Comments would be greatly appreciated. -- John Lamberg