This report from Mortgage News Daily at the end of last week
"The interest rates on fixed rate mortgages (FRM) were up during the week ended February 14 according to the results of Freddie Mac’s Primary Mortgage Market Survey.
The 30-year FRM increased to 5.72 from 5.67 the previous week with fees and points unchanged at 0.4. One year ago the 30-year FRM averaged 6.30 percent."
Did you finance your home with an ARM? Are you aware of what your contract requires when you hit your "adjustment period"?
While fixed rate mortgages are still at all time lows I suggest that you do some due diligence on your own behalf and investigate refinancing your ARM now with one of the Best Lenders To Refinance Your Mortgage while you still can and before home prices erode any further.