We continues to monitor the details of your mortgage, and we want to notify you that a significant loan event may affect you. Your loan will soon reach its re-pricing date, which means that the interest rate on your adjustable rate mortgage (ARM) will change to reflect current market rates. Given recent trends in rates, this means your rate could increase, which could also mean an increase to your monthly mortgage payment. Let's review your loan to see if refinancing into a fixed-rate mortgage could help save you money. While some loan programs may result in a higher payment than you have now, they may be lower than the payment you will face after your ARM re-prices.