Dec. 17, 2008— -- For many homeowners with adjustable-rate mortgages, falling interest rates may mean the ability to avoid higher monthly payments when it becomes time for the ARM to reset. Are you one of these homeowners?
Do you have an ARM that you're concerned will reset to a higher monthly payment? Now that the Federal Reserve has lowered interest rates to nearly zero, can you stop worrying about what's happening to your ARM?
Please tell us your story by filling out the form below. We may contact you directly or we may use excerpts from your message in our reporting.
Please tell us about your situation: