Good time to refi a 5/1 30yr adjustable rate mort into fixed rate?I'm 10 years into a 5/1 30 year adjustable rate mortgage. The last 5 years have been great as the interest rate on it has continually dropped. It's sitting at 2.875% right now. The balance is roughly $200K. I also have a HELOC that is also at 2.875% with a balance of roughly $75K. Since fixed rates are pretty good right now I've started the process of refinancing, but am now having second thoughts. The reason for the refi was to payoff the HELOC and get into a fixed rate since interest rates have started to move upwards. In mid-2016 the HELOC will convert to a fixed rate 10 year loan so I'll have to do something by then. I'm wavering because I wonder if I should keep taking advantage of the current low adjustable rates for now and see what happens to the rates as 2016 approaches. Does anyone have some advice? Thanks.April 26 2014 - Los Angeles00YesReport 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.