Home › Forums › Housing › Going rate in San Diego for 30 yr fixed, 5-1 ARM, 7-1 ARM › Actually I think the 1 year
Actually I think the 1 year Libor is a better indicator for short term interest only loans. With no pts, my friend at NIFCU said rates are at 6% for a 5/1 arm. You will pay about 20 BPS in rate to extend out to a 7/1