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December 05, 2006

Adjustable Rate Mortgages Are OK For The Short

An adjustable rate mortgage is simply a mortgage whose interest payments adjust up and down based on the going interest rate. This means those with an adjustable rate mortgage will be able to take full advantage of dips in interest rates while their fixed rate mortgage counterparts stay at the same payment

From Adjustable Rate Mortgages Are OK For The Short

Posted by Gary at December 5, 2006 04:33 PM