Should I pay my mortgage down to 90% to lower my payment?I purchased my home at 95% LTV two years ago and just had an appraisal come in $5k less than my original purchase at $390k. I thinking of refi my current 7/1 ARM with a 7/1 ARM. I can get a better rate and save $250 per month. I plan on selling in 2-3 years. Is paying it down a good idea?June 23 2010 - Uptown0YesReport 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.