Whether or not you refinance into a fixed mortgage or another adjustable rate mortgage all depends on your future goals for your home you are currently in now.  At Greater Texas Mortgage, we try to take the approach of looking at where you want to be now, in 5 years and so on.  If you are only going to be in your home for a short period of time, then it does not necessarily make sense to refinance unless there is a goal you want to achieve.  Goals like lowering your payments to pay off bills or getting cash out might be something to that effect.  But we can look at what makes sense for you and put together a plan.  Call today at 972-899-3940.  Thanks, Scott Yonce