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View Diary: Seismic mortgage market event today (80 comments)

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  •  Thanks! (3+ / 0-)
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    Ray Radlein, theran, The Termite

    I really hadn't planned on refinancing with another five-year ARM; it hadn't made much sense for quite a while.

    I DO happen to have a HELOC (pretty typical for the sort of financing available to me when I bought) and, with the temporary increase in the conforming loan limit--which I'd otherwise exceed by about 20k--I have been thinking of combining the two. But we'll see.

    In the end, I may STILL decide to do nothing.

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