If the fixed rate on your ARM loan is expiring, you could be in for a case of payment shock.
The good news is if you've had an adjustable rate mortgage for the last 2 or more years, you have probably saved thousands of dollars that you would have paid with a fixed rate mortgage.
However, now is a good time to look at refinancing to a lower rate fixed rate mortgage or intermediate ARM.

Some Lenders sell the information of customers whose fixed period of ARMs are expiring.

In most cases your adjustment period begins the same time your prepayment period ends. You will most likely be recieving several solicitations to refinance by mail. If you like the work your mortgage broker did when you first got the mortgage it might be best to go to them for your refinance. They have all of your records on file already, they are fimilar with you and your situation already.

Many people will refinance their home mortgage loan into either a fixed rate mortgage or into another adjustable rate mortgage before their interest rate on their ARM, adjustable rate mortgage loan, is about to make its first adjustment. Refinancing your ARM loan can save you money from a big increase in your interest rate and monthly payment when interest rates are on the rise.

If you have misplaced your loan documents, you can sometimes look up the specific information on your Adjustable Rate Mortgage at the county courthouse. Look for the Adjustable Rate Rider, which details the terms of your adjustable rate loan (when the rate will adjust, what percentage it will adjust to, etc).

You can check your loan documents to find out exactly when your loan is set to adjust. This should give you time to prepare and know when you need to look into refinancing your loan.