Findings
Needs attentionMoneyDetected Jul 8, 2026 · Jul 8, 2026, 7:00 AM
The fixed period on your 5/1 ARM ends in December 2026. Refinance pricing is typically best 3–6 months ahead – now is the right window to compare rates.
What you should do
- 1Request a retention offer from your current lender
- 2Compare it against two competing offers
- 3Decide by OctoberA refinance needs roughly 45 days for the appraisal and closing.
Why we flagged this
- The mortgage worksheet sets the first rate adjustment at December 2026.
- The purchase agreement confirms the same origination date and term.
- Lenders usually publish their best retention pricing 3–6 months before a reset.
What's at stake
If the reset passes without a decision, the rate moves to the index plus margin – typically 1–2 percentage points more expensive.
Accuracy
High confidenceDerived from 2 documents
Status
This finding is open and counts towards your critical items.
Source documents