Question: Week 10 - Chapter 10 Discussion - Due Apr 17 by 11:55 p.m. 2424 unread replies.2424 replies. Why in the world would anyone want an

Week 10 - Chapter 10 Discussion - Due Apr 17 by 11:55 p.m.

2424 unread replies.2424 replies.

Why in the world would anyone want an adjustable rate mortgage (ARM) when they could have a fixed rate loan whereby the monthly payment will never change ? Please give some examples why this type of loan would be selected by a borrower. Would you want this loan ?

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