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16 July, 01:00

What is true about an adjustable rate mortgage?

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  1. 16 July, 03:45
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    One thing that is true of an adjustable rate mortgage is that the interest rates can change. This means that payments can go up or down from time to time. During the beginning of the loan there is usually a period of time during which payment stay steady, they then begin to adjust at different intervals.
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