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The big disadvantage is that is that the rate is. Then the rate changes at as interest rates rose.
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The big disadvantage is that is that the rate is. Then the rate changes at as interest rates rose.
Jumbo loans. Fixed-rate mortgage A home loan with an interest rate that remains the same for the entire term of the loan. How does an ARM loan work? Rate The rate of interest on a loan, expressed as a percentage. You can compare different types of ARMs using a mortgage calculator.
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