ddriscoll9

Thank you for all the thoughts! @thepupilI love your logic and well thought out processes. The only additional information I left out was I have three young kids (5,5,1) which will be going to public schools in this town. The town has great school (in Mass) and I can say with a high degree of certainty, we will be in this house until the youngest is atleast graduated from the high school (16 years from now). This is the reason I am leaning towards the fixed rate, however, I do not disagree with your math one bit.

Looking for advice on locking in a 30 year fixed at 4.1% or taking a risk on a 10/1 ARM 30 year at 3.3% and hoping I can refinance for under 4% before the 10 year is up. Do I take the sure thing in the 30 year fixed? Anyone have insight on how these rates pan out once inflation comes back down and we possibly end up in a true recession? I have never been the type to take the ARM loans. thank you in advance!