Credit Suisse has put together an updated mortgage reset/recast chart. Note that Credit Suisse is using recast dates for Option ARMs and reset dates for all other loans.
As long as interest rates remain low, resetting rates will not be a huge problem…at least, until rates go up. In the near term adjustable payments for many people will actually be lower.
Option-Arm “recasting” is a larger problem. Recasting refers to a payment change, not just an interest rate change.
For reference, here is the previous, classic version:
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