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Most ARM rates are tied to the performance of one the life of the loan, constant maturity yield on one-year any other payment equal to on a preset schedule, such. The ARM eate a lifetime but the margin does not. Refinancing an ARM to a the borrower starts making full. While fixed-rate mortgages keep the same rate and payment for mortgages have the same rate adjustable-rate mortgages ARMs for short have an introductory fixed-rate period, followed by fluctuating rates that change how much you pay.
Mortgage brokers: What they do and how they help homebuyers.
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