Category: Adjustable Rates

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ADJUSTABLE RATE MORTGAGES MAY PROVIDE LOWER RATES

  Interest rates increased this year, but there are loan options available where you may be able to get a lower rate.  For instance, look for Adjustable Rate Mortgages to start pricing lower than fixed rates.  The adjustable rates are typically fixed for 5, 7, or 10 years.  The adjustable rate mortgage is amortized over...