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ARM Index: How It Determines Your Adjustable-Rate Mortgage Payments

ARM Index: How It Determines Your Adjustable-Rate Mortgage Payments

Sep 16, 2024 | Adjustable Rate Mortgage

(Updated 11/30/24) Adjustable-Rate Mortgages (ARMs) often attract borrowers with their lower initial interest rates compared to fixed-rate loans. However, the “adjustable” aspect of these loans can lead to fluctuations in your interest rate—and ultimately...

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