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Pros and Cons of Adjustable Rate Mortgages

April 18, 2018 by Patrick Jones

When you are in the market for a new home, you may be faced with numerous options for financing your home. One of the choices you will have to make is whether to apply for a fixed or adjustable rate mortgage. In some cases, an adjustable rate mortgage (ARM) may be your best option, but keep in mind, they are not the answer for everyone.

Filed Under: Mortgage Tagged With: Adjustable Rate Mortgage, Mortgage, Prepayment

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