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How pick mortgage – money, If you’re like most buyers, you’ll choose a 30-year loan, with either a fixed or adjustable interest rate. as the name suggests, the interest rate on a fixed-rate loan stays the same for the entire term. with an adjustable mortgage, the rate remains fixed for a period of time, then resets based.
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Adjustable-rate mortgage – wikipedia, A variable-rate mortgage, adjustable-rate mortgage (arm), tracker mortgage mortgage loan interest rate note periodically adjusted based index reflects cost lender borrowing credit markets..
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