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September 23, 2006
Adjustable Rate Mortgage: Protect Yourself with Rate and Payment
Interest rate and payment caps can protect you from a mortgage nightmare, if you structure them properly. Nearly every Adjustable Rate Mortgage (ARM) features caps to protect the borrower. These caps are an essential part of any variable rate mortgage because they protect you from runaway payment amounts, no matter how interest rates rise. Here is what you need to know about caps if you are considering an Adjustable Rate
From Adjustable Rate Mortgage: Protect Yourself with Rate and Payment
Posted by John at September 23, 2006 04:10 PM
