7/1 ARM or 30 YR FIXEDI am about 5 years into a $375,000 30 Yr fixed mortgage @ 4.5%, and I am considering either a 7/1 ARM @ 2.9% (no points) or a 30 Yr fixed @ 3.75% ($10k in points). Pretty concerned about what rates will look like in 6-7 years, even though the cash-out could be 75k on the 7/1 ARM, versus only a $45K cash-out on the 30 Yr fixed. Would like the additional cash-out for more home improvement stuff. What would you do?June 16 2013 - San Carlos00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.