Can you refinance an adjustable mortgage as a fixed mortgage?

Mr Placid says:

Yes, you can.

However, the reason most of these borrowers opted for ARM?s in the first place is because ARM?s, at least initially, result in lower monthly payments than fixed rate loans. The borrowers couldn?t qualify for the higher payment fixed rate loans, so they took out ARM?s.

So, if they couldn?t qualify for fixed-rate three years ago, then they aren?t going to qualify now, unless they are now earning significantly more income.

Source: http://www.xmastips.com/mortgage-loan/can-you-refinance-an-adjustable-mortgage-as-a-fixed-mortgage/

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