UCGal: This is a financial decision. If I held out to the end of my ARM (another 2.5 years) I don’t think values would go up enough to enable me to refinance. I think I will have job trouble in the future and am just taking the hit now.
JohnAlt91941: I am “paying my obligations”. I just don’t have any “obligations”. I have a contract that I can get out of if I decide that it’s in my best interest to do so, and in this case, that’s my best option.
