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What is the difference between a fixed-rate and adjustable-rate mortgage (ARM) loan? > Consumer Fina

What is the difference between a fixed-rate and adjustable-rate mortgage (ARM) loan? > Consumer Fina

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日期：2024-06-04
With a fixed rate mortgage, the interest rate is set when you take out the loan and will not change. With an adjustable rate mortgage (ARM), the interest rate may go up or down. Many ARMs will start at a lower interest rate than fixed rate mortgages. This...看更多

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