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Author Question: Which of the following is nottrue concerning adjustable rate mortgages (ARMs)? (Read 38 times)

madam-professor

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Which of the following is 
not true concerning adjustable rate mortgages (ARMs)?


◦ There is usually a limit on how much a rate may increase per year.
◦ There is usually no limit on how much a rate may increase per year.
◦ There is usually a limit on how much a rate may increase over the life of the loan.
◦ The maximum increase over the life of the loan is usually 5%.


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Marked as best answer by madam-professor on Apr 14, 2019

Christopher

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Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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Christopher

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