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genevieve1028

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During a period when interest rates are very low by historical standards and are expected to increase substantially over time, individuals should choose


◦ an ARM with a rate that adjusts after three years.
◦ a fixed-rate mortgage.
◦ an ARM that adjusts after one year.
◦ an ARM with a rate that adjusts every year for five years and then converts to a fixed rate.


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Marked as best answer by genevieve1028 on Apr 14, 2019

jrpg123456

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