Are you sticking with your 5/1 ARM?

With the end of the first quarter of 2007 upon us this coming weekend, many homeowners in America with adjustable rate mortgages will be examining their home mortgage interest rates wondering whether or not know is the time to be moving into fixed rate mortgages to tie-up their interest rate for a while.  Many believe the current problems in the sub-prime mortgage sector are going to have some effect on home mortgage rates across the industry in the coming months.  Nevertheless, according to a recent survey undertaken by Bankrate.com, as many as 34 per cent of homeowners who have adjustable rate mortgages were still unsure at this time whether or not they would stick with the product they have or whether now was the time to get off the side-lines and move into one of the fixed rate home mortgage rate options available.  Which means the most important question hanging at the end of the first quarter of 2007: are you sticking with your 5-year ARM?