In the past, many homeowners chose adjustable rate mortgages to get the lowest rate in a declining interest rate environment. Now, many who chose ARMs are ready to shift gears, to avoid paying higher interest if rates go up. Because interest rates are still near historical lows, it may be an excellent time to lock in a fixed rate.

Not sure if it is time to refinance your ARM? Our Mortgage Calculators and Tools may be able to help you decide. Still not sure? An 1-800 East West Mortgage specialist is ready to help! Call 1-800-EastWest, or apply online.