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