Adjustable-rate mortgages offer lower interest rates than fixed-rate mortgages, yet ARMs are often viewed as more risky

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Adjustable-rate mortgages offer lower interest rates than fixed-rate mortgages, yet ARMs are often viewed as “more risky” than fixed-rate mortgages. Why is this the case?

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Money, Banking, Financial Markets and Institutions

ISBN: 978-0538748575

1st edition

Authors: Michael Brandl

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Question Posted: Jun 21, 2019 07:41 AM

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Adjustable-rate mortgages offer lower interest rates than fixed-rate mortgages, yet ARMs are often viewed as more risky

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ARMs are usually structured so that the initial interes...View the full answer

Money, Banking, Financial Markets and Institutions

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