Question: A borrower is considering a 5 / 1 Hybrid ARM. If they plan to sell the house in 4 years, what advantage will
A borrower is considering a Hybrid ARM. If they plan to sell the house in years, what advantage will they experience regarding the interest rate?
Group of answer choices
The rate will remain constant for the entire years.
The rate will adjust annually from the start.
The rate will start adjusting in the fifth year.
The rate will float after years.
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