sammyrae1031 sammyrae1031

05-05-2021
Mathematics

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How is an Adjustable Rate Mortgage different from a Fixed Rate Mortgage? Is one better than the other? Explain.

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smhitsjenni smhitsjenni

05-05-2021

Answer:

in my opinion, a fixed rate mortgage is better than an adjustable rate, a fixed mortgage interest stays the same unchanged, however an adjustable mortgage rate only rises as time passes.

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