WHAT IS PROS AND CONS OF ADJUSTABLE AND FIXED RATE ?
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Pros and Cons of ARMs
Often have lower interest rates than fixed-rate mortgages.
Lower rate means you might be able to pay more principal every month.
Rates can go down later.
Hope it helps
Often have lower interest rates than fixed-rate mortgages.
Lower rate means you might be able to pay more principal every month.
Rates can go down later.
Hope it helps
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