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Please add 2 and 2 and type the answer here:
Mortgage Rates
30 Yr FRM 4.83% -0.08%
15 Yr FRM 4.32% -0.04%
1 Yr ARM 4.35% -0.11%
5/1 Yr ARM 4.25% -0.04%
30 YR Tres 4.30% 0.01%
Fed Prime 3.25% 0.00%
Q: If it is difficult to pay my mortgage payments at this time, can I call my mortgage company and ask to make interest only payments for awhile & what are the good & bad of doing this?
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